PPG Industries (PPG) PT Raised to $115 at Deutsche Bank
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Get Alerts PPG Hot Sheet
Price: $130.90 -3.12%
Rating Summary:
19 Buy, 13 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
Rating Summary:
19 Buy, 13 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 17
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Deutsche Bank raised its price target on PPG Industries (NYSE: PPG) to $115.00 (from $110.00) while maintaining a Hold rating following the company's 2Q.
EPS, ex lower Corporate Expense and higher Legacy Income, missed by 7% and volumes were flat. The EPS miss was due to higher raw materials which were only partially offset by price increases.
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