RBC Capital Maintains Sector Perform on PPG Indus, Lowers Price Target to $156
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan has maintained a 'Sector Perform' rating on PPG Industries (NYSE:PPG) but has lowered the price target from $158 to $156.
January 22, 2024 | 5:43 pm
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RBC Capital has maintained a 'Sector Perform' rating on PPG Industries and reduced the price target from $158 to $156.
The adjustment in price target by RBC Capital is a minor change, suggesting a neutral outlook without significant negative sentiment. The maintenance of the 'Sector Perform' rating indicates that the analyst does not see major catalysts that could either significantly lift or depress the stock in the short term. Therefore, the impact on the stock price is likely to be limited unless there are other market factors at play.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100