Wells Fargo Upgrades PPG Indus to Overweight, Raises Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison upgraded PPG Industries (NYSE:PPG) from Equal-Weight to Overweight and increased the price target from $150 to $163.

April 11, 2024 | 1:57 pm
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PPG Industries was upgraded by Wells Fargo from Equal-Weight to Overweight with a price target increase from $150 to $163.
Upgrades by major financial institutions like Wells Fargo typically lead to positive short-term price movements due to increased investor confidence and perceived value. The significant raise in price target further emphasizes the bullish outlook, likely attracting more investors to PPG Industries.
CONFIDENCE 95
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