** Citigroup resumes coverage on paint maker Sherwin-Williams SHW.N with a "buy" rating and price target of $423
** New price target represents a 19.8% upside to the stock's last close
** SHW had announced on February 17 that it would acquire BASF’s Brazilian architectural paints business for $1.15 billion, with the transaction expected to close 2H25
** "We view the LatAm expansion opportunity that the acquisition brings favorably, but see potential investor pushback on SHW’s current limited regional exposure and challenging operating environment in Brazil," - brokerage
** 16 of 29 brokerages rate the stock "buy" or higher, 12 "hold" and 1 "sell"; their median PT is $408 - data compiled by LSEG
** Up till last close, stock up 3.8% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。