Deutsche Bank Maintains Buy on PPG Indus, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst David Begleiter maintains a Buy rating on PPG Industries (NYSE:PPG) but lowers the price target from $160 to $155.

April 22, 2024 | 10:03 am
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Deutsche Bank maintains a Buy rating on PPG Industries but reduces the price target from $160 to $155.
The adjustment in price target by Deutsche Bank reflects a slight change in valuation expectation for PPG Industries, though the Buy rating indicates continued positive outlook. The reduction in price target might cause short-term concern among investors, potentially leading to minor fluctuations in stock price. However, the maintained Buy rating suggests underlying confidence in the company's fundamentals and future prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100