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Fly News Breaks for February 1, 2019
SHW
Feb 1, 2019 | 08:22 EDT
Baird analyst Ghansham Panjabi raised his price target on Sherwin-Williams to $480 from $450 and said it remains a top Coatings pick. He sees encouraging early 2019 acceleration in volumes, continued execution on pricing, a likely moderation in materials cost, and an offensive free cash flow allocation pivot. Panjabi reiterated his Outperform rating on Sherwin-Williams shares.
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