KeyBanc initiates Sherwin-Williams stock coverage with $365 target By Investing.com
Investing.com India
KeyBanc has initiated coverage on Sherwin-Williams Co. (NYSE:SHW) with a Sector Weight rating and a $365 price target, acknowledging the stock's high multiples due to the company's strong U.S. architectural franchise, despite a currently depressed housing market. The firm notes that share gains and store openings are becoming more challenging given Sherwin-Williams' existing 40% market share in North America. This analysis comes amidst other recent analyst updates, with Morgan Stanley, DA Davids
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