Citi Lowers Rating on Sherwin-Williams Amid Housin…

From Financial Modeling Prep: 2025-06-13 16:43:00

Sherwin-Williams (NYSE:SHW) was downgraded by Citi from Buy to Neutral, with a price target of $385, down from $405. Analysts cited challenges in the housing sector, leading to a 3% drop in the company’s shares. Elevated mortgage rates and delayed rate cuts by the Federal Reserve are dampening hopes for a housing recovery in the second half of 2025.

Citi believes Sherwin-Williams is a strong long-term player with solid market share potential, but current conditions suggest limited upside in the short term. The firm sees the stock’s risk/reward profile as less compelling and recommends considering other names better positioned for the current macro environment. RPM International was highlighted as a preferred alternative due to its exposure to non-residential construction and infrastructure spending trends.



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