Citi raised the firm’s price target on PPG (PPG) to $173 from $152 and keeps a Buy rating on the shares. The firm is adjusting 2024 EPS estimates across specialty chemicals about 3% downward and trimming its lithium estimates, the analyst tells investors in a North America Specialty Chemicals and Industrial Gases 2024 outlook note. The firm’s new order of coverage top picks is PPG, Axalta Coating (AXTA) and Linde (LIN), the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PPG:
