Wells Fargo Maintains Equal-Weight on PPG Indus, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison maintains an Equal-Weight rating on PPG Industries (NYSE:PPG) and lowers the price target from $150 to $145.
May 25, 2023 | 10:57 am
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Wells Fargo maintains an Equal-Weight rating on PPG Industries and lowers the price target from $150 to $145.
The news directly mentions PPG Industries and the lowered price target by Wells Fargo. However, the Equal-Weight rating suggests that the stock is expected to perform in line with the market, indicating a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100