RBC Capital Maintains Sector Perform on PPG Indus, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains a Sector Perform rating on PPG Industries (NYSE:PPG) but lowers the price target from $138 to $136.
October 22, 2024 | 1:36 pm
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RBC Capital has maintained its Sector Perform rating on PPG Industries but has slightly lowered the price target from $138 to $136, indicating a modestly less optimistic outlook.
The maintenance of the Sector Perform rating suggests that RBC Capital sees PPG Industries as performing in line with the sector. The slight reduction in the price target from $138 to $136 indicates a minor adjustment in expectations, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100