RBC Capital Raises Price Target for PPG Industries to $119
RBC Capital raised its price target for PPG Industries (PPG) from $114 to $119, citing strong first-quarter results and Q2 guidance, though it warns of potential headwinds from rising raw material costs and geopolitical issues. PPG also completed a $65 million acquisition of Ozark Materials to strengthen its pavement marking solutions business.
Tickers: $PPG
Topics: acquisition analyst upgrade market outlook price target stock analysis