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PPG

PPG Industries

$94.23

-7.965 (-7.79%)

10:23
10/07/16
10/07
10:23
10/07/16
10:23

PPG Industries falls sharply on heavy volume after reduced Q3 view

The stock has fallen sharply on very heavy volume with price last down over 8.5% to $93.43. At that price next support is at $92.17. Resistance is at $94.82. A breakdown below $90 would confirm that a major long-term price top was in place, which would be a technical negative for future price.

  • 20

    Oct

PPG PPG Industries
$94.23

-7.965 (-7.79%)

03/22/16
FBCO
03/22/16
INITIATION
Target $115
FBCO
Outperform
PPG Industries initiated with an Outperform at Credit Suisse
Credit Suisse analyst Christopher Parkinson assumed coverage on PPG Industries with an Outperform rating and $115 price target.
05/06/16
LYON
05/06/16
DOWNGRADE
LYON
Outperform
PPG Industries downgraded to Outperform from Buy at CLSA
06/23/16
LBOW
06/23/16
UPGRADE
LBOW
Buy
PPG Industries upgraded to Buy from Neutral at Longbow
Longbow analyst Dmitry Silverstein upgraded PPG Industries to Buy with a $130 price target on shares. The analyst believes PPG's efforts to improve organic growth may be gaining momentum given evidence of accelerating growth in PPG's store channel and increased traction from new higher priced products at Menards. Further, faster growth of auto-OEM, Industrial, Aerospace and EMEA businesses in 2H16, driving above-consensus performance, upward earnings revisions and expanding multiples, the analyst wrote.
07/26/16
GHSC
07/26/16
UPGRADE
Target $130
GHSC
Buy
PPG Industries upgraded to Buy from Accumulate at Seaport Global
Seaport Global analyst Michael Harrison upgraded PPG to Buy from Accumulate and raised its price target to $130 from $125. The analyst increased the outlook for the coatings business and adjusted the model to reflect the divestiture of most the Glass segment and said PPG is a high-quality core holding that should be able to leverage organic and inorganic growth opportunities, maintain focus on cost discipline, and return cash to shareholders.

TODAY'S FREE FLY STORIES

ANET

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TKTDY

Takata Corporation

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DV

DeVry

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  • 09

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CSOD

Cornerstone OnDemand

$39.10

-0.11 (-0.28%)

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CVM

CEL-SCI

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-0.0014 (-1.17%)

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XOM

Exxon Mobil

$89.00

0.68 (0.77%)

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FUL

H.B. Fuller

$50.36

0.05 (0.10%)

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BIIB

Biogen

$287.77

-1.77 (-0.61%)

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SNY

Sanofi

$40.40

0.63 (1.58%)

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Sanofi to lay off 20% of U.S. diabetes, cardiovascular staff, Bloomberg says »

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  • 29

    Mar

CSOD

Cornerstone OnDemand

$39.10

-0.11 (-0.28%)

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Periodicals
Cornerstone OnDemand considers sale amid activist pressure, Bloomberg reports »

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TACO

Del Taco

$14.75

-0.39 (-2.58%)

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  • 09

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  • 09

    Dec

UNVR

Univar

$26.36

0.54 (2.09%)

, BXLT

Baxalta

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Univar

$26.36

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PARN

Parnell

$1.42

-0.0031 (-0.22%)

17:30
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BSX

Boston Scientific

$20.81

0.2 (0.97%)

, NVRO

Nevro

$76.38

-1.88 (-2.40%)

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Boston Scientific

$20.81

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NVRO

Nevro

$76.38

-1.88 (-2.40%)

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  • 12

    Dec

RTN

Raytheon

$146.30

0.14 (0.10%)

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CX

CEMEX

$8.77

-0.16 (-1.79%)

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PDEX

PRO-DEX

$4.48

0.034 (0.76%)

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Breaking Syndicate news story on PRO-DEX »

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PFBX

Peoples Financial

$14.50

-0.5 (-3.33%)

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QUIK

QuickLogic

$0.94

-0.0163 (-1.71%)

17:00
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Breaking Syndicate news story on QuickLogic »

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STRZA

Starz

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Breaking Hot Stocks news story on Starz »

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BEL

Belmond

16:55
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Syndicate
Breaking Syndicate news story on Belmond »

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PARN

Parnell

$1.42

-0.0031 (-0.22%)

16:55
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Hot Stocks
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MS

Morgan Stanley

$43.73

0.15 (0.34%)

, SHAK

Shake Shack

$38.08

0.82 (2.20%)

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MS

Morgan Stanley

$43.73

0.15 (0.34%)

SHAK

Shake Shack

$38.08

0.82 (2.20%)

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  • 09

    Jan

MS

Morgan Stanley

$43.73

0.15 (0.34%)

, LXFT

Luxoft

$54.40

-1.8 (-3.20%)

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Breaking Hot Stocks news story on Morgan Stanley, Luxoft »

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MS

Morgan Stanley

$43.73

0.15 (0.34%)

LXFT

Luxoft

$54.40

-1.8 (-3.20%)

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FUL

H.B. Fuller

$50.36

0.05 (0.10%)

16:44
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