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RBC Cuts Price Target on Sherwin-Williams to $376 From $390, Keeps Outperform Rating
RBC Capital Markets has reduced its price target for Sherwin-Williams (SHW) shares to $376 from $390 but maintained an “Outperform” rating. This adjustment comes despite the firm reiterating its positive outlook on the paint and coatings company. The article also mentions other recent analyst actions, including Argus lowering its price target and Berenberg raising its target.