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PPG price target raised to $145 from $143 at RBC Capital

RBC Capital raised the firm’s price target on PPG to $145 from $143 but keeps a Sector Perform rating on the shares after its Q1 earnings beat. The analyst warns however that demand and volume headwinds will cap the stock price appreciation over the near-term. At its current levels, PPG shares look "fairly valued", the firm tells investors in a research note.

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Published first on TheFly

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