Sherwin-Williams (SHW) Declares $0.605 Quarterly Dividend; 1% Yield

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Sherwin-Williams (SHW) Pro Backlog Remains 'Solid' - Morgan Stanley

April 20, 2023 8:59 AM EDT

Morgan Stanley analyst Vicent Andrews reiterated an Overweight rating and $275.00 price target on Sherwin-Williams (NYSE: SHW) as the firm's spring survey shows the backlog is still solid.

The analyst commented, "1) the pro backlog remains robust (+2.5% vs. normal); 2) optimism remains at pre-COVID levels (when SSS... More