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Fly News Breaks for January 16, 2019
SHW
Jan 16, 2019 | 07:48 EDT
KeyBanc analyst Michael Sison lowered her price target for Sherwin-Williams to $450 from $500 given his lower outlook for 2019. While the analyst is "disappointed" that Q4 results came in weaker for the company and his 2019 outlook is reduced, Sison is reiterates an Overweight rating on Sherwin-Williams as EPS growth in 2019 is still solid year over year and Paint Store demand in December and January accelerated.
News For SHW From the Last 2 Days
SHW
Apr 24, 2024 | 06:47 EDT
Baird analyst Ghansham Panjabi raised the firm's price target on Sherwin-Williams to $310 from $300 and keeps a Neutral rating on the shares. The firm said in their opinion, current end-market weakness is a function of the lagged impact of previous increases in interest rates, noting that while raw material cost deflation was a partial offset, the recent up-tick in upstream input costs points toward a peak margin backdrop for Sherwin-Williams and peers.
SHW
Apr 23, 2024 | 09:04 EDT
Check out this morning's top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS... To see the rest of the story go to thefly.com. See Story Here
SHW
Apr 23, 2024 | 07:05 EDT
Sees FY24 revenue growth up in low to mid-single digits, consensus $23.78B.