Analyst UpgradePPG upgraded to Overweight on potential volume recovery, indicating a positive turning point for the company's growth.
Earnings GrowthAnalysts project solid Earnings Per Share growth for PPG in 2024, with an estimated increase of around 10% year-over-year, supported by accelerated stock buybacks.
Strategic Business FocusExiting the US architectural coatings market is seen as a beneficial strategic decision for PPG, expected to lead to improved valuation of the business.