PPG Provides Update on Third Quarter 2016 Financial Results

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Deutsche Bank Downgrades PPG Industries (PPG) to Hold

October 11, 2016 7:30 AM EDT

Deutsche Bank downgraded PPG Industries (NYSE: PPG) from Buy to Hold with a price target of $100.00 (from $122.00). Analyst David Begleiter thinks challenges will persist into 2017.

"Following its preannounced Q3 earnings shortfall on Friday, we are downgrading PPG from Buy to Hold. While... More