UBS Maintains Neutral on PPG Indus, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector maintains a Neutral rating on PPG Industries (NYSE:PPG) and lowers the price target from $156 to $150.

April 19, 2024 | 11:26 am
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NEUTRAL IMPACT
UBS analyst Joshua Spector maintains a Neutral rating on PPG Industries and lowers the price target from $156 to $150.
The adjustment in price target by a notable analyst like Joshua Spector, while maintaining a Neutral stance, suggests a recalibration of value expectations without a fundamental change in the company's outlook. This could lead to short-term price adjustments as the market aligns with the new target, but the neutral rating indicates no significant change in the company's overall prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100