PPG Industries Obtains Cost Target Treks By Experts After Solid Q1 Profits – PPG Indus (NYSE: PPG)

PPG Industries Inc PPG reported solid revenues outcomes for the initial quarter.

PPG published quarterly revenues of $1.82 per share, covering market quotes of $1.51 per share. The firm’s quarterly earnings can be found in at $4.38 billion versus quotes of $4.39 billion.

PPG sees accumulated sales quantities continuing to be level in the 2nd quarter. The firm prepares for second-quarter modified revenues of $2.05 to $2.15 per share.

PPG shares obtained 0.4% to shut at $141.98 on Friday, and also included 2.5% in today’s pre-market trading session.

These experts made adjustments to their cost targets on PPG Industries adhering to revenues news.

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• Keybanc increased the cost target on PPG Industries from $162 to$ 169. Keybanc expert Aleksey Yefremov preserved an Obese score.

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• JP Morgan enhanced the cost target on PPG Industries from $130 to$ 156. JP Morgan expert Jeffrey Zekauskas updated the supply from Neutral to Overweight.

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• Barclays enhanced the cost target on PPG Industries from $142 to$ 150. Barclays expert Michael Leithead preserved the supply with an Equal-Weight.

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• Mizuho enhanced the cost target on PPG Industries from $151 to$ 152. Mizuho expert Christopher Parkinson preserved a Buy score on the supply.

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• Baird(* )improved the PPG Industries cost target from $150 to $160. Baird expert Ghansham Panjabi preserved an Outperform score on the supply. .

Morgan Stanley(* )increased PPG cost target from $140 to$ 143. Morgan Stanley expert Vincent Andrews preserved the supply with an Equal-Weight score.

• . Wells Fargo

enhanced the cost target on PPG from $143 to $150. Wells Fargo expert Michael Sison preserved the supply with an Equal-Weight.

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