PPG Industries (PPG) PT Raised to $115 at Deutsche Bank
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Price: $117.70 -1.03%
Rating Summary:
14 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
14 Buy, 17 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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Deutsche Bank raised its price target on PPG Industries (NYSE: PPG) to $115.00 (from $110.00) while maintaining a Hold rating following the company's 2Q.
EPS, ex lower Corporate Expense and higher Legacy Income, missed by 7% and volumes were flat. The EPS miss was due to higher raw materials which were only partially offset by price increases.
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