BMO Capital Maintains Outperform on PPG Indus, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty maintains an Outperform rating on PPG Industries (NYSE:PPG) and lowers the price target from $168 to $165.
April 23, 2024 | 2:04 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on PPG Industries and lowers the price target from $168 to $165.
The adjustment in price target by BMO Capital, while maintaining an Outperform rating, suggests a continued positive outlook on PPG Industries but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market absorbs the minor adjustment in valuation expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100