JPMorgan Downgrades Sherwin-Williams (SHW) to Neutral
Get Alerts SHW Hot Sheet
Price: $303.73 +0.45%
Rating Summary:
20 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 3 | New: 2
Rating Summary:
20 Buy, 14 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 2 | Down: 3 | New: 2
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JPMorgan analyst Jeffrey Zekauskas downgraded Sherwin-Williams (NYSE: SHW) from Overweight to Neutral with a price target of $435.00.
- Says SHW is a high quality but trades at a multiple among the highest in the coverage universe.
- Says trends in Q1 are not moving in favor for SHW in Q1.
- Believes uncertainties regarding macro slowdown are more favorable to less cyclical names.
For an analyst ratings summary and ratings history on Sherwin-Williams click here. For more ratings news on Sherwin-Williams click here.
Shares of Sherwin-Williams closed at $433.63 yesterday.
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