Sherwin-Williams (SHW) Tops Q2 EPS by 21c; raises guidance
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Go back to Sherwin-Williams (SHW) Tops Q2 EPS by 21c; raises guidance
July 24, 2024 9:25 AM EDT
BofA Securities analyst Steve Byrne raised the price target on Sherwin-Williams (NYSE: SHW) to $291.00 (from $282.00) while maintaining a Underperform rating.
The analyst comments "SHW posted an adj 2Q24 EPS of $3.70 (above our $3.35 and consensus $3.48), but this was largely cost driven as the 13... More
July 24, 2024 5:25 AM EDT
Evercore ISI analyst Greg Melich raised the price target on Sherwin-Williams (NYSE: SHW) to $365.00 (from $360.00) while maintaining a Outperform rating.
The analyst comments "Share gains and price realization are driving earnings higher, despite slightly lower than expected volumes. The modest 1%-2% guide raise took the stock up 6%, as defensive growth (share gains and pricing... More
July 24, 2024 5:02 AM EDT
Citi analyst Pat Cunningham raised the price target on Sherwin-Williams (NYSE: SHW) to $395.00 (from $360.00) while maintaining a Buy rating.
The analyst comments "Our three takeaways from this mornings earnings call: 1) Resi repaint was up mid-single-digits in 2Q24 and SHW expects similar... More
