Sherwin-Williams (SHW) Enters Agreement ot Acquire Valspar (VAL) in ~$11.3B Deal

Longbow Research Downgrades Valspar (VAL) to Neutral

Longbow Research earlier downgraded Valspar (NYSE: VAL) from Buy to Neutral.

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 $103.22 yesterday.

S&P Places Ratings of Sherwin-Williams (SHW) on Review for Downgrade Amid Valspar (VAL) Deal

Standard & Poor's Ratings Services placed its 'A' corporate credit rating on Sherwin-Williams Co. (NYSE: SHW) on CreditWatch with negative implications, indicating we could lower the ratings once we complete our review. We also placed our 'A' issue-level ratings on Sherwin-Williams' senior unsecured debt and 'A-1' commercial paper rating on CreditWatch with negative implications.

"The CreditWatch... More

UBS Raises Price Target on Sherwin-Williams (SHW) Ahead of Valspar Acquisition Conference Call

UBS 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

Susquehanna 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.

RBC Capital Upgrades Valspar (VAL) to Sector Perform

RBC 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.

Deutsche Bank Downgrades Valspar (VAL) to Hold

Deutsche 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

KeyBanc 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