Sherwin-Williams raises 2024 profit forecast on upcoming residential demand
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Sherwin-Williams (SHW) PT Raised to $291 at BofA Securities
July 24, 2024 9:25 AM EDTBofA 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
Sherwin-Williams (SHW) PT Raised to $418 at RBC Capital
July 24, 2024 6:31 AM EDTRBC Capital analyst Arun Viswanathan raised the price target on Sherwin-Williams (NYSE: SHW) to $418.00 (from $370.00) while maintaining a Outperform rating.
The analyst comments "We raise our EPS estimates following strong 2Q results and raised FY24 guidance. We raise our target to $418 from... More
Sherwin-Williams (SHW) PT Raised to $365 at Evercore ISI
July 24, 2024 5:25 AM EDTEvercore 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
Sherwin-Williams (SHW) PT Raised to $395 at Citi
July 24, 2024 5:02 AM EDTCiti 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
