Citigroup Maintains Buy on PPG Indus, Lowers Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Patrick Cunningham maintains a Buy rating on PPG Industries (NYSE:PPG) but lowers the price target from $170 to $161.

April 10, 2024 | 6:07 pm
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Citigroup maintains a Buy rating on PPG Industries but lowers the price target from $170 to $161.
The adjustment in price target by Citigroup, while maintaining a Buy rating, suggests a positive outlook on PPG Industries' fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on PPG's stock price as the market digests the revised target alongside the continued endorsement of the stock's potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100