| 2017-04-21 08:06:03|
SHW 08:06 04/21 04/21/17
Sherwin-Williams price target raised to $375 from $330 at Baird
Baird analyst Ghansham Panjabi raised his price target on Sherwin-Williams to $375 from $330 stating that its outlook remains compelling with continued strength in the Paint Stores Group being boosted by gradual momentum across the other operating segments within the portfolio and favorable contributions from pricing initiatives. The closing of the Valspar transaction will also help the earnings profile within the next two years, said Panjabi, who reiterated his Outperform rating on Sherwin-Williams shares.