PPG highlights 2023 performance during annual meeting of shareholders

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PPG Industries (PPG) PT Lowered to $164 at BofA Securities

April 22, 2024 6:06 AM EDT

BofA Securities analyst Steve Byrne lowered the price target on PPG Industries (NYSE: PPG) to $164.00 (from $167.00) while maintaining a Buy rating.

The analyst comments "PPG posted 1Q adj EPS of $1.86 (vs our $1.90 and consensus $1.85), with organic sales of -2%, driven by challenging comps in US... More