On October 13, Sherwin-Williams fell 3.75% in after-hours trading, trading at $314.0/share, with Turnover of $7.8205 million. The decline followed RPM International's latest outlook warning of worsening inflation, which stoked broader cost-side concerns across the coatings industry.
Recent analyst actions reflected mounting caution: RBC lowered its price target to $392 from $420 while maintaining Outperform, UBS cut to $363 from $390 (Neutral), and Citigroup trimmed to $400 from $415 (Buy). While share gains and pricing power are seen as partial offsets, sluggish demand recovery and elevated raw material costs continue to compress valuation expectations.
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