Barclays analyst Michael Leithead raised the firm’s price target on Sherwin-Williams (SHW) to $370 from $355 and keeps an Equal Weight rating on the shares. The company’s Q4 results “gave a lot to ponder” around the Notch America paint market, Sherwin’s pricing power, and what investors are willing to pay for it all, the analyst tells investors in a research note. The firm expects investors to continue believing in the company’s long-term share gain opportunity.
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