JPMorgan Downgrades Sherwin-Williams (SHW) to Neutral

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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