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Fly News Breaks for April 25, 2018
PPG
Apr 25, 2018 | 04:56 EDT
JPMorgan analyst Jeffrey Zekauskas upgraded PPG Industries to Overweight with a $118 price target. The analyst sees an attractive entry point at current levels and believes raw material pressures should begin to ease in the second half of 2018 as the propylene derivatives chain becomes more balanced. He also expects PPG's share count to decrease in 2018 and 2019.