Barclays Maintains Equal-Weight on PPG Indus, Lowers Price Target to $148
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead maintains an Equal-Weight rating on PPG Industries (NYSE:PPG) and lowers the price target from $149 to $148.

April 22, 2024 | 12:44 pm
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Barclays maintains an Equal-Weight rating on PPG Industries and lowers the price target from $149 to $148.
The adjustment in price target by Barclays reflects a minor revision in valuation expectations for PPG Industries, likely due to updated financial analysis or market conditions. Given the small magnitude of the price target change, the impact on the stock price is expected to be neutral in the short term. The maintenance of an Equal-Weight rating indicates that Barclays' view on the stock's performance relative to the market has not changed significantly.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100