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Fly News Breaks for November 6, 2019
SHW
Nov 6, 2019 | 05:57 EDT
Berenberg analyst Anthony Manning initiated coverage of Sherwin-Williams with a Hold rating and $600 price target. The analyst believes the paints and coatings industry remains attractive and expects its margin expansion to outpace the wider chemicals industry. However, he believes Sherwin-Williams' valuation reflects these positives.
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