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SHW

Sherwin-Williams

$354.75

-0.65 (-0.18%)

08:41
06/23/17
06/23
08:41
06/23/17
08:41

Sherwin-Williams resumed with a Buy at Citi

Citi analyst P.J. Juvekar resumed coverage of Sherwin-Williams following its acquisition of Valspar with a Buy rating and $410 price target, noting that it now has a far more diversified portfolio of paints and industrial coatings and a better global footprint. He also contends that the company's target for $320M in cost savings by 2019 is conservative.

  • 20

    Jul

SHW Sherwin-Williams
$354.75

-0.65 (-0.18%)

06/13/17
06/13/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Buy from Hold at Berenberg with analyst Alexander Haissl arguing that the threat of traditional car manufactures to Tesla is overstated. Traditional carmakers are yet to demonstrate a clear pathway to mass-market electric vehicles that can realistically compete with Tesla, Haissl tells investors in a research note. He calls the near-term for Tesla "unimportant" and views company's margin and free cash flow potential over the long-term as "superior." 2. Tableau (DATA) upgraded to Buy from Neutral at Goldman Sachs with analyst Jesse Hulsing saying the company's transition to predominantly recurring revenue can drive nearly $1.2B of annual recurring revenue by the second quarter of 2020. 3. Sherwin-Williams (SHW) upgraded to Buy from Neutral at Longbow with analyst Dmitry Silverstein citing improving same-store volume trends, a growing DIY channel, Valspar integration and accretion, and possible margin upside form price increases and/or a reversal in raw material prices. 4. Regional Management (RM) upgraded to Outperform from Market Perform at JMP Securities with analyst David Scharf saying the company's delinquencies have reached the lowest level since it went public in 2012, and he thinks that changes it is making will enhance its credit management capabilities. 5. Guidewire (GWRE) upgraded to Overweight from Neutral at Piper Jaffray with analyst Alex Zukin saying the recent quarter suggests accelerating revenue growth and improving profitability. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/13/17
LBOW
06/13/17
UPGRADE
Target $400
LBOW
Buy
Sherwin-Williams upgraded to Buy from Neutral at Longbow
Longbow analyst Dmitry SIlverstein upgraded Sherwin-Williams to Buy with a $400 price target citing improving same-store volume trends, a growing DIY channel, Valspar integration and accretion, and possible margin upside form price increases and/or a reversal in raw material prices.
06/08/17
06/08/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. T-Mobile (TMUS) initiated with a Buy at Drexel Hamilton. 2. Mesoblast (MESO) initiated with an Overweight at Cantor. 3. Sherwin-Williams (SHW) reinstated with a Conviction Buy at Goldman Sachs. 4. MuleSoft (MULE) initiated with a Perform at Oppenheimer. 5. Knowles (KN) initiated with a Buy at Dougherty. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/08/17
GSCO
06/08/17
INITIATION
Target $403
GSCO
Conviction Buy
Sherwin-Williams reinstated with a Conviction Buy at Goldman SachsSherwin-Williams
Goldman Sachs analyst Robert Koort reinstated Sherwin-Williams (SHW) with a Conviction Buy and a $403 price target saying the Valspar acquisition is under-appreciated and provides better asset utilization and a platform to expand into high-growth specialty coatings while gaining geographic footholds in key architectural geographies like China, Australia and Europe. The analyst sees upside to synergy targets by as much as $120M compared to the company's conservative $320M estimate.

TODAY'S FREE FLY STORIES

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TRUE

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HPQ

HP Inc.

$22.59

0.465 (2.10%)

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  • 21

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KORS

Michael Kors

$56.29

0.14 (0.25%)

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  • 11

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TSRO

Tesaro

$83.54

-2.36 (-2.75%)

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  • 29

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$NSD

NASDAQ Market Internals

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PEP

PepsiCo

$115.81

0.9 (0.78%)

, KHC

Kraft Heinz

$79.93

0.3 (0.38%)

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PEP

PepsiCo

$115.81

0.9 (0.78%)

KHC

Kraft Heinz

$79.93

0.3 (0.38%)

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$NYE

NYSE Market Internals

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BAC

Bank of America

$26.70

-0.04 (-0.15%)

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Size ratio call spread adds 50K contracts to Bank of America volume »

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TSRO

Tesaro

$83.54

-2.36 (-2.75%)

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  • 29

    Nov

SU

Suncor

$35.28

0.34 (0.97%)

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Suncor call volume above normal and directionally bullish »

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  • 05

    Dec

12:00
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Treasury's $13 B 2-year FRN stopped at a high discount margin of 0.035% »

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TRIP

TripAdvisor

$30.48

-0.11 (-0.36%)

11:50
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TripAdvisor calls outpace puts 10:1 as shares see relative strength »

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RDS.A

Royal Dutch Shell

$61.70

-0.02 (-0.03%)

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AKRX

Akorn

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CRM

Salesforce

$109.11

1.735 (1.62%)

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JNJ

Johnson & Johnson

$138.81

0.88 (0.64%)

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  • 14

    Dec

BLMN

Bloomin' Brands

$20.54

2.27 (12.42%)

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PAGP

Plains GP Holdings

$20.85

-0.04 (-0.19%)

11:40
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Call writer opens a notable new position in Plains GP Holdings »

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NFLX

Netflix

$194.10

0.9 (0.47%)

, T

AT&T

$34.49

-0.155 (-0.45%)

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T

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VZ

Verizon

$46.31

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CHTR

Charter

$338.37

-3.17 (-0.93%)

CMCSA

Comcast

$35.83

-0.33 (-0.91%)

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  • 29

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MU

Micron

$47.64

1.48 (3.21%)

11:30
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Large four-way spread in Micron as shares see strength »

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  • 27

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