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4 big analyst picks: Sherwin-Williams a buy at Jefferies on firming housing market

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Sherwin-Williams, CCC Intelligent Solutions, Owens Corning, and Quanterix.

InvestingPro subscribers got this news before anyone else. Start your 7-day trial to get on board.

Sherwin-Williams upgraded at Jefferies

Jefferies upgraded Sherwin-Williams (NYSE:SHW) to Buy from Hold and raised its price target to $275.00 from $240.00.

The firm believes the risk/reward balance is more favorable for Sherwin-Williams, particularly on a relative basis. With the housing cycle turning and policy shocks that derail a recovery likely having a much sharper impact on industrial and consumer goods companies, Sherwin-Williams is expected to benefit from share gains, margin improvements, and disciplined capital allocation, leading to above-trend EPS growth in 2025-2027.

CCC Intelligent Solutions upgraded to Outperform, a steady vertical SaaS story with an AI catalyst

Evercore ISI upgraded CCC Intelligent Solutions (NASDAQ:CCCS) to Outperform from In Line and raised its price target to $13.00 from $11.00 as it offers a favorable risk/reward for investors seeking a SMID-cap company in a competitive market.

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The firm believes that the combination of potential revenue upside as well as approximately 100bps in annual operating margin expansion offers up a compelling risk/reward for those looking for an ‘under the radar’ vertical SaaS idea.

2 more upgrades

Barclays upgraded Owens Corning (NYSE:OC) to Overweight from Equalweight and raised its price target to $135.00 from $113.00. Shares are up 1% pre-market today.

Goldman Sachs upgraded Quanterix (NASDAQ:QTRX) to Buy from Neutral with a price target of $27.00. Shares gained more than 9% yesterday and are trading around 2% higher pre-market today.

According to the firm, Quanterix has improved its cost base, offering potential for greater operating leverage. Additionally, the company is well-positioned in the early stages of blood-based Alzheimer's diagnostics and other neurological conditions.

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