Information Provided By:
Fly News Breaks for December 13, 2016
PPG
Dec 13, 2016 | 08:23 EDT
As noted earlier, RBC Capital downgraded PPG Industries to Sector Perform from Outperform. As reasons for the downgrade, analyst Arun Viswanathan cited valuation, a "plateauing" auto end market, and less favorable raw material costs and foreign exchange trends. Target to $101 from $105.