The recent activities linked to
PPG Industries, Inc. (NYSE:PPG) have revealed a fair amount of fluctuations. Many organizations have reportedly changed their stakes in the company. Entities such as
Oppenheimer & Co. Inc. and SG America Securities LLC have decreased their positions, while
Norden Group LLC and
Private Advisor Group LLC have acquired new shares. PPG also announced a
US Tour for PPG MOONWALK Automated Paint Mixing System. The upcoming
quarterly earnings report is expected to show growth. PPG's stock faced ups and downs but still outperformed rivals on several trading days.
UBS Group gave PPG a new price target of
$140.00. The company has also announced plans to build a
$225M OEM paint and coating facility in Tennessee. Yet, the company fell short of Q1 revenue estimates. The company made the news for reviewing its architectural coatings business in the U.S and Canada. In terms of institutional backing, PPG boasts 83% ownership. Additionally, it is being tagged as a promising
Dividend Aristocrat stock.
Ppg Industries PPG News Analytics from Tue, 19 Dec 2023 08:00:00 GMT to Sun, 14 Jul 2024 15:20:48 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -2
