KeyBanc Downgrades Sherwin-Williams (SHW) to Sector Weight

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Longbow Research Downgrades Valspar (VAL) to Neutral

March 22, 2016 11:36 AM EDT

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.

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

March 21, 2016 8:49 AM EDT

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

March 21, 2016 7:40 AM EDT

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.

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RBC Capital Upgrades Valspar (VAL) to Sector Perform

March 21, 2016 7:26 AM EDT

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.

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Deutsche Bank Downgrades Valspar (VAL) to Hold

March 21, 2016 7:01 AM EDT

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

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

March 20, 2016 1:08 PM EDT

The Sherwin-Williams Company (NYSE: SHW) and The Valspar Corporation (NYSE: VAL) announced that they have entered into a definitive agreement under which Sherwin-Williams will acquire Valspar for $113 per share in an all-cash transaction, or an enterprise value of approximately $11.3 billion. At $113 per share, the transaction, which has been unanimously approved by the Boards of Directors of both companies, represents a premium of approximately 41% to Valspar's volume weighted average price for the 30 days up to and including March 18, 2016.

Sherwin-Williams and Valspar have highly complementary paints and coatings offerings and this... More