CPI Aerostructures Selects PPG as Strategic Supplier for Vendor Managed Consumables

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Jefferies Reiterates Buy on PPG Industries (PPG) - PT to $113

October 24, 2016 8:10 AM EDT

Jefferies maintained a Buy rating on PPG Industries (NYSE: PPG), and cut the price target to $113.00 (from $129.00), following the company's 3Q earnings report. PPG reported 3Q EPS in-line with the pre-announced range of $1.54-$1.57. At the segment level, Industrial was $0.02 better than expected, and... More