Citigroup Maintains Buy on PPG Indus, Lowers Price Target to $152
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on PPG Industries (NYSE:PPG) but lowers the price target from $154 to $152.
October 20, 2023 | 3:56 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup analyst maintains a Buy rating on PPG Industries but lowers the price target.
Citigroup is mentioned as the source of the analyst rating and price target change. This news might slightly affect Citigroup's reputation among investors, but it's not directly related to Citigroup's own stock performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Citigroup maintains a Buy rating on PPG Industries but lowers the price target from $154 to $152.
The news is directly related to PPG Industries. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the price target is still above the current trading price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100