BUZZ-Mizuho raises PT on Sherwin-Williams

Reuters09-05

** Brokerage Mizuho raises price target on U.S. based paint maker Sherwin-Williams to $425 from $380

** The new PT represents about a 17% upside to the stock's last close

** "Market share gains are allowing modest growth against a relatively unfavorable macro environment - Mizuho

** Brokerage says SHW continues to benefit from peer PPG's

planned exit from North American architectural and bankruptcy of a smaller competitor

** 16 of 29 brokerages rate the stock "buy" or higher, 12 "hold" and 1 "sell"; their median PT is $380

** As of last close, stock is up 16.29% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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