UBS lowered the firm’s price target on PPG to $150 from $156 and keeps a Neutral rating on the shares. The firm does not see PPG’s Q1 results or updated guidance as enough to meaningfully change key debates on the stock.
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Read More on PPG:
- PPG Stock Falls as Revenue Misses Forecasts; Announces $2.5B Buyback
- PPG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Wells Fargo upgraded PPG to Overweight, sees Q2 as turning point for volume
- PPG upgraded to Overweight from Equal Weight at Wells Fargo
- PPG price target lowered to $161 from $170 at Citi
