BMO Capital Reiterates Outperform on PPG Indus, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has reiterated an Outperform rating for PPG Industries (NYSE:PPG) but has lowered the price target from $160 to $155.
October 21, 2024 | 1:49 pm
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BMO Capital has reiterated its Outperform rating for PPG Industries but has reduced the price target from $160 to $155, indicating a slightly less optimistic outlook.
The reiteration of the Outperform rating suggests continued confidence in PPG Industries' performance, but the lowered price target indicates a slightly tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100