Sherwin-Williams (SHW) PT Raised to $360 at Baird
Baird analyst Ghansham Panjabi raised the price target on Sherwin-Williams (NYSE: SHW) to $360.00 (from $350.00) while maintaining a Neutral rating.
The analyst comments "Remain Neutral rated. Noting that the end-markets remain sluggish in aggregate, pressured by elevated interest rates (including a recent reversal higher), we remain comfortable with our Neutral rating on the shares of Sherwin-Williams at current—with industry volume growth in 2025 the key underpinning towards the company realizing the additional 5% price increase for 2025. Our $360 price target is based on a healthy ~26x our 2026 EPS estimate of $13.75."