Wall Street firms raise their price target on Sherwin-Williams

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Paint-maker Sherwin-Williams (SHW) has received several price target upgrades from Wall Street firms like UBS, Evercore ISI, and Jefferies after the company's investor day on August 29.

Josh Lipton and Madison Mills weigh in on what this means for Sherwin-Williams as the Federal Reserve prepares to cut interest rates and US housing market pressures could ease as a result.

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This post was written by Luke Carberry Mogan.