Citigroup raises Sherwin-Williams price target to $380
Citigroup maintains a Buy rating on Sherwin-Williams and raises the price target to $380 from $355, as stated by analyst Patrick Cunningham.
*this image is generated using AI for illustrative purposes only.
Citigroup has raised its price target for Sherwin-Williams to $380 while maintaining a Buy rating on the stock. The revision, issued by analyst Patrick Cunningham, increases the previous target of $355. The stock trades on the NYSE under the ticker symbol SHW.
Rating Details
The updated outlook reflects a positive stance on the company's performance. Below are the key details of the rating change:
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $355 |
| New Price Target | $380 |
| Ticker | NYSE: SHW |
What specific factors drove Citigroup to increase Sherwin-Williams' price target by $25?
How might Sherwin-Williams' performance be impacted by current raw material cost trends?
What are the expected growth drivers for Sherwin-Williams in the upcoming fiscal year?
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