JP Morgan raise Sherwin-williams stock Rating

Source: Internet
Author: User
"MarketWatch New York May 19," Beijing time May 19 Evening News, JP Morgan Chase analyst Tuesday will paint manufacturers Sherwin-williams Co. (SHW) 's stock rating from "neutral" to "beyond the market performance",  and raised its share price target from $53 to $63.  JPMorgan Chase said the reason for the rise in Sherwin-williams's stock rating and share price targets was the improvement in North America's paint market and the good risk/return ratio of its shares. The U.S. Eastern Time Tuesday morning 10:46,sherwin-williams shares rose 1.77 U.S. dollars, or 3.2%, reported 57.94 U.S. dollars.

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