Barclays Upgrades PPG Indus to Overweight, Maintains Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has upgraded PPG Industries (NYSE:PPG) from Equal-Weight to Overweight, while maintaining the price target at $160.
October 11, 2023 | 12:23 pm
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POSITIVE IMPACT
PPG Industries has been upgraded by Barclays from Equal-Weight to Overweight. The price target remains at $160.
The upgrade from Barclays indicates a positive outlook for PPG Industries. This could lead to increased investor confidence and potentially a rise in the stock price. The maintained price target suggests that Barclays believes the stock is fairly valued at $160.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100