Citi Downgrades Sherwin-Williams’ (NYSE:SHW) Stock, Lowers PT
From Yahoo Finance: 2025-06-18 09:55:00
Citi downgraded Sherwin-Williams’ (NYSE: SHW) stock to Neutral from Buy on June 13, lowering the price target to $385 due to weak housing conditions. The firm remains pessimistic about U.S. housing and does not see a strong rebound in the second half of the year. Despite optimism around the company’s long-term growth story, the risk/reward is currently unattractive. Jim Cramer recommended Home Depot over Sherwin-Williams on his show, citing a potential buying opportunity. Sherwin-Williams develops, manufactures, and sells paints, coatings, and related products for various customers. Investors may find greater upside potential in certain AI stocks.
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