Citi cuts SHW target to $385, flags oil-driven raw material pressure. Published on April 7, 2026 at 3:44 pm by vardah gill in news. The Sherwin-Williams Company (NYSE:SHW) is included among the 15 Best Consistent Dividend Stocks to Buy Right Now. On April 1, Citi lowered its price recommendation on The Sherwin-Williams Company (NYSE:SHW) to $385 from $410. It reiterated a Buy rating on the shares. The firm said a spike in oil prices, along with supply disruptions, has affected most key raw materials used in coatings. Earlier, on March 19, RBC Capital also lowered its price goal on SHW to $376 from $390 and maintained an Outperform rating. The analyst noted that the company's end markets still appear choppy. If the Iran conflict stretches beyond 8 to 12 weeks, it could weigh on Q2 margins, the analyst said in a research note. RBC also said the company's capital allocation approach, with a focus on buybacks, remains unchanged. The Sherwin-Williams Company (NYSE:SHW) manufactures, develops, distributes, and sells paint, coatings, and related products. It serves professional, industrial, commercial, and retail customers, mainly across North and South America, with additional operations in the Caribbean, Europe, Asia, and Australia. While we acknowledge the risk and potential of SHW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SHW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

Standalone paint store planned for Windsor. WINDSOR - A nationwide paint store is planning a standalone store in east Windsor. Plans for a Sherwin Williams Retail Store have been filed with the Town of Windsor to build the first commercial business in the Greenspire subdivision at the northwest corner of Colorado Highway 392 and Hollister Lake... This content has been intentionally hidden. You must log in or purchase a subscription to view the rest of this content. Start your subscription to BizWest, The Business Journal of the Boulder Valley and Northern Colorado, TODAY!

Sherwin-Williams manufacturing plant expanding in BG. Published 6:00 am Tuesday, March 31, 2026 Sherwin-Williams last month announced completion of a new building at its Bowling Green manufacturing site with plans to increase production by 60% as it adds 16 employees to its 100-member staff. The 347 Central Ave. location is one of Sherwin-Williams' main plants for manufacturing coil coatings, large rolls of metal that unwind while applying protective coating and paint to metal roofing, siding, garage doors and other surfaces. The company, which completed the project in February, anticipates the additional processing vessels and automated technology that - with the new, production operator positions - will increase production capacity by 60%. It's also one of multiple companies over the last year that has expanded manufacturing in Bowling Green. Other recent developments include the March announcement of manufacturer Stupp Bridge's expansion and the December announcement that AKFA Aluminum Solutions plans to bring 331 jobs to the Kentucky Transpark. Sherwin-Williams is expanding here due to the existing location being strategic as well as growing demand for coil coating, Plant Manager Ka'Ron Alexander said. Coatings made at the plant are distributed from an on-site warehouse directly to customers globally, he added. "It helps strengthen job security in Bowling Green, for our current employees and in terms of adding additional jobs in the Bowling Green community," Alexander said. "It sounds like the city of Bowling Green is here to grow, and Sherwin-Williams is here to be a staple of growth for the long term." Sherwin-Williams Vice President of Sales Drew Waldroup added in a statement that the 32-year-old plant had operated at near full utilization. The increased capacity and automation due to the expansion will increase flexibility, reduce possible delays and strengthen continuity in the supply chain, he stated; advanced automated systems will replace manual processes and improve precision, consistency and safety, he added. Polls. "We value our partnership with the region and are proud to contribute to local economic growth through expanded operations and long-term job opportunities," Waldroup added in the statement. "This facility represents our ongoing dedication to supporting the area's development and building a strong future together."