Goldman Sachs Reinstates PPG Industries (PPG) at Neutral

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Goldman Sachs reinstated coverage on PPG Industries (NYSE: PPG) with a Neutral rating and $140 price target following the Reverse Morris Trust split-off and merger of its chloralkali business with Georgia Gulf, leaving PPG as a pure play coatings and optical manufacturer.

For an analyst ratings summary and ratings history on PPG Industries click here. For more ratings news on PPG Industries click here.

Shares of PPG Industries closed at $138.94 yesterday, with a 52 week range of $89.35-$147.99.

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