344.57
price down icon1.56%   -5.45
after-market After Hours: 344.02 -0.55 -0.16%
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Why is Sherwin Williams Co (SHW) Stock down?

18 Oct, 2023:

Shares of Sherwin-Williams Company (SHW) dropped by 4.17% from $252.74 to $242.29 in the trading on Wednesday, October 18, 2023. The reason why SHW stock down is due to a downgrade. BofA Securities downgraded the rating from Neutral to Underperformand also reduced the price target from $300 to $211. This downgrad had a negative impact on investor sentiment, leading to the decline in SHW stock price.

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