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Sherwin-Williams Company (SHW) Gets a Hold from Wells Fargo

Tipranks - Tipranks - Fri May 29, 5:00AM CDT

Wells Fargo analyst Michael Sison reiterated a Hold rating on Sherwin-Williams Company on May 26 and set a price target of $350.00. The company’s shares closed yesterday at $311.25.

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Sison covers the Basic Materials sector, focusing on stocks such as Albemarle, Celanese, and LyondellBasell. According to TipRanks, Sison has an average return of -1.0% and a 42.46% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sherwin-Williams Company with a $383.83 average price target.

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Based on Sherwin-Williams Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.67 billion and a net profit of $534.7 million. In comparison, last year the company earned a revenue of $5.31 billion and had a net profit of $503.9 million

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