RBC Capital lowered the firm’s price target on Sherwin-Williams (SHW) to $410 from $415 and keeps an Outperform rating on the shares as part of a broader research note previewing Q1 results in Coatings. The firm is updating its models to reflect choppy end markets and cushion for tariffs, with headwinds coming from the lower auto OEM builds and insurance claims, weak industrial business, and muted DIY, the analyst tells investors in a research note.
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Read More on SHW:
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