Sherwin-Williams paint company to buy Valspar for $9.3 billion
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Longbow Research Downgrades Valspar (VAL) to Neutral
March 22, 2016 11:36 AM EDTLongbow 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.
... MoreS&P Places Ratings of Sherwin-Williams (SHW) on Review for Downgrade Amid Valspar (VAL) Deal
March 21, 2016 11:46 AM EDTStandard & 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
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
