PPG reports third quarter 2024 financial results

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Seaport Global Securities Reiterates Buy Rating on PPG Industries (PPG)

October 17, 2024 6:48 AM EDT

Seaport Global Securities analyst Michael Harrison reiterated a Buy rating and $165.00 price target on PPG Industries (NYSE: PPG).

The analyst comments "PPG delivered EPS in line with our recently reduced outlook, though we note sales and margin were weaker than we anticipated. EPS was helped ~$0.10 from belowthe-line items, including lower interest expense and a lower tax rate. Sales were... More