Blue-Chip Stock Lower on Slashed Full-Year Outlook

Dow Jones Industrial Average (DJI) member Sherwin-Williams Co (NYSE:SHW) reported a second-quarter profit miss of $3.38 per share earlier, while revenue came in slightly above estimates at $6.3 billion. The stock was last seen down 2.2% to trade at $333.87, after the paint company also lowered its full-year outlook amid softer demand.In response, Mizuho cut its price target to $385 from $400. Analysts lean bullish on SHW, with 17 of the 26 in coverage sporting a "buy" or better rating, while the 12-month co ...