Sherwin-Williams Co. (SHW) Tops Q2 EPS by 1c; Boosts Outlook

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Sherwin-Williams (SHW) PT Lifted BofA/Merrill Lynch Post Q2 But Maintains Lowest Rating

July 18, 2014 7:01 AM EDT

BofA/Merrill Lynch analyst Kevin W. McCarthy bumped his price target on Sherwin-Williams (NYSE: SHW) to $183.00 (from $175.00) following solid Q2 results but maintained an Underperform rating.

McCarthy summarizes his stance the following way: "Sherwin continues to expand margin, and gain share in US... More