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Fly News Breaks for July 25, 2019
SHW
Jul 25, 2019 | 08:48 EDT
Susquehanna analyst Don Carson raised his price target on Sherwin-Williams to $580 from $545 following Q2 results. The analyst has increased confidence in the outlook for strong earnings growth in 2020 given strong Paint Stores Group sales growth in the face of adverse weather which underscores the potential for further margin expansion from falling raw material costs. Carson reiterated his Positive rating on Sherwin-Williams shares.
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