Sherwin-Williams shares down as company's annual profit guidance falls short
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Citi Reiterates Buy Rating on Sherwin-Williams (SHW), PT $415
January 30, 2025 9:42 AM ESTCiti analyst Pat Cunningham reiterated a Buy rating and $415.00 price target on Sherwin-Williams (NYSE: SHW)
The analyst comments "SHW reported 4Q24 adj. EPS of $2.09 vs. our $2.06-E and FactSet consensus the same. Operating beat was driven by lower corporate expense vs. our numbers, while PSG EBIT of $606 mm was below our $646 mm-E with strength in resi repaint (+HSD), P&M (+HSD), and new resi (+LSD) dragged by DIY (-LSD) and flat commercial &... More
