Wells Fargo Cuts Sherwin-Williams (SHW) PT, Keeps Overweight Rating

Core Viewpoint - The Sherwin-Williams Company (NYSE:SHW) is recognized as one of the top 10 Dow stocks to buy according to Wall Street analysts, despite recent price target adjustments by Wells Fargo [1][2]. Group 1: Price Target Adjustment - Wells Fargo has reduced its price target for Sherwin-Williams from $400 to $395 while maintaining an Overweight rating [1][2]. - This adjustment comes ahead of the company's Q3 2025 financial results announcement scheduled for October 28 [1]. Group 2: Industry Challenges and Performance - Wells Fargo acknowledged ongoing challenges within the coatings division but noted that Sherwin-Williams' earnings are performing better than most competitors in the industry [2]. - The firm maintains a positive long-term outlook for Sherwin-Williams despite the challenges [2]. Group 3: Company Overview - Sherwin-Williams is an American company engaged in the manufacturing, development, distribution, and sale of paints, coatings, and related products [3].