Mizuho analyst Christopher Parkinson raised the firm’s price target on PPG to $166 from $152 and keeps a Buy rating on the shares. The majority of end markets for the coatings sector are trending positively and price/cost dynamics for the second half of 2023 are proving more favorable versus guidance levels, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PPG: