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Fly News Breaks for September 18, 2015
SHW, VAL
Sep 18, 2015 | 06:30 EDT
JPMorgan analyst Jeffrey Zekauskas upgraded Valspar (VAL) to Overweight citing an attractive valuation following the 10% pullback in shares since mid August. Further, Valspar's domestic paint business loss to Sherwin-Williams (SHW) seems not as large as was feared, Zekauskas tells investors in a research note. He raised his price target for shares to $83 from $82.
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