Wells Fargo Maintains Equal-Weight on PPG Indus, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on PPG Industries (NYSE:PPG) and increased the price target from $140 to $150.

January 09, 2024 | 1:44 pm
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Wells Fargo analyst Michael Sison maintained an Equal-Weight rating on PPG Industries and raised the price target from $140 to $150, indicating a positive outlook on the stock.
The increase in price target by Wells Fargo suggests a positive sentiment towards PPG Industries' stock performance in the short term. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector average, but the raised target implies that Wells Fargo sees some upside potential. This could lead to increased investor interest and a potential uptick in the stock price as the market digests this new target.
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