| 2017-04-21 07:49:38|
PPG, AKZOY 07:49 04/21 04/21/17
PPG price target raised to $109 from $104 at Credit Suisse
Credit Suisse analyst Christopher Parkinson raised his price target for PPG (PPG) to $109 from $104 after the company posted a "solid" Q1 performance. While Q2 will still present challenges from raw material inflation and key markets remain sluggish, the analyst feels the prospect of an AkzoNobel (AKZOY) deal will keep relative performance moving in the right direction. He reiterates an Outperform rating on PPG's shares.