Barclays has lowered its price target for Sherwin-Williams from $385 to $355 while maintaining an equal-weight rating. The company focuses on developing, manufacturing, and marketing paints and coatings, with net sales primarily from retail paint sales (55.7%), performance coatings (29.7%), and protective coatings (14.6%). As of the end of 2023, Sherwin-Williams operates 4,694 stores in North America, 322 branches globally for performance coatings, and 318 outlets in Latin America, supported by 104 production sites worldwide.