PPG Industries (PPG) Tops Q2 EPS by 1c; offers guidance

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PPG Industries (PPG) PT Lowered to $150 at BofA Securities

July 22, 2024 6:43 AM EDT

BofA Securities analyst Steve Byrne lowered the price target on PPG Industries (NYSE: PPG) to $150.00 (from $152.00) while maintaining a Buy rating.

The analyst comments "PPG posted 2Q adj EPS of $2.50 (vs our $2.45 and consensus $2.48), with sales down 2% (org flat), reflecting above-market growth in... More