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393.96
0.55%
-2.18
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Why is Sherwin Williams Co (SHW) Stock down?
We've noticed a 5.34% decline in Sherwin Williams Co (SHW) stock during the 2024-10-22 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
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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