The Sherwin-Williams Company To Acquire Valspar For $113.00 Per Share In Cash Or $11.3 Billion
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UBS Raises Price Target on Sherwin-Williams (SHW) Ahead of Valspar Acquisition Conference Call
March 21, 2016 8:49 AM EDTUBS reiterated a Neutral rating on Sherwin-Williams (NYSE: SHW), and raised the price target to $290.00 (from $270.00), ahead of a company conference call to discuss the proposed acquisition of Valspar for ~$11.3B. VAL brings anchor architectural positions in Australia/New Zealand & China, and supports SHW's... More
Susquehanna Upgrades Sherwin-Williams (SHW) to Positive
March 21, 2016 7:40 AM EDTSusquehanna upgraded Sherwin-Williams (NYSE: SHW) from Neutral to Positive.
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 $288.69 yesterday.
... MoreRBC Capital Upgrades Valspar (VAL) to Sector Perform
March 21, 2016 7:26 AM EDTRBC Capital upgraded Valspar (NYSE: VAL) from Underperform to Sector Perform with a price target of $113.00.
For an analyst ratings summary and ratings history on Valspar click here. For more ratings news on Valspar click here.
Shares of Valspar closed at $83.83 yesterday.
... MoreDeutsche Bank Downgrades Valspar (VAL) to Hold
March 21, 2016 7:01 AM EDTDeutsche Bank downgraded Valspar (NYSE: VAL) from Buy to Hold with a price target of $113.00 (from $92.00).
Analyst David Begleiter said, "We believe Sherwin-Williams agreement to acquire Valspar for $113/shr in cash, or $11.3B, and a 35% premium to Fridays close,... More
KeyBanc Downgrades Sherwin-Williams (SHW) to Sector Weight
March 21, 2016 6:58 AM EDTKeyBanc downgraded Sherwin-Williams (NYSE: SHW) from Overweight to Sector Weight and removed its price target. The change follows news it plans to acquire Valspar Corp. (NYSE: VAL).
Analyst Ivan M. Marcuse said, "While we like... More
