Wells Fargo analyst Michael Sison raised the firm’s price target on PPG to $143 from $124 and keeps an Equal Weight rating on the shares. The firm is raising its 2023 outlook, but still sees risk of weak volume growth near-term and a return of inflation.
Published first on TheFly
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Read More on PPG:
- PPG price target raised to $143 from $133 at RBC Capital
- PPG well positioned and remains a Top Pick, says Baird
- PPG price target raised to $140 from $120 at Morgan Stanley
- PPG price target raised to $128 from $118 at Credit Suisse
- PPG raises Q1 adjusted EPS view to $1.52-$1.58 from $1.10-$1.20, consensus $1.18
