Change shader color for specific GameObject

Is it possible to change the color (property) of a shader for a specific game object without changing the color of the other game objects which share the same shader? How?

Yes it’s possible use a script like this:

var target : GameObject;

function Update(){
		target.transform.renderer.material.color =;

this just changes the color of the target object when you press spacebar. Is this what you were looking for?