Citigroup Maintains Buy Rating for PPG Indus: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Buy rating for PPG Indus (NYSE:PPG) but lowered its price target from $154.00 to $152.00. PPG Indus shares are currently trading up 0.66% at $125.16 per share. A move to $152.00 would represent a 21.45% increase from the current share price.
October 20, 2023 | 5:00 pm
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Citigroup has maintained its Buy rating for PPG Indus but lowered its price target. This could potentially influence investors' decisions and impact the stock's price.
The news of Citigroup maintaining its Buy rating for PPG Indus but lowering its price target could have a neutral impact on the stock's price in the short term. While the maintained Buy rating is positive, the lowered price target could be seen as a negative signal. The actual impact will depend on how investors interpret this information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100