Information Provided By:
Fly News Breaks for March 21, 2016
VAL, SHW, PPG
Mar 21, 2016 | 08:41 EDT
After Sherwin-Williams (SHW) agreed to buy Valspar (VAL), SunTrust thinks that the deal could enable PPG (PPG) to buy businesses from Sherwin-Williams "at reasonable prices." The firm believes that PPG is well-positioned to generate synergies from such deala. SunTrust increased its price target on PPG to $125 from $114, citing its outlook for higher margins based on low oil based raw material costs and improving coatings industry competitive dynamics. The firm keeps a Buy rating on the shares.
News For PPG;SHW;VAL From the Last 2 Days
There are no results for your query PPG;SHW;VAL