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Syndicate
PPG files automatic mixed securities shelf  16:39
02/28/23
02/28
16:39
02/28/23
16:39
PPG

PPG

$132.13 /

+0.495 (+0.38%)

 
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PPG PPG
$132.13 /

+0.495 (+0.38%)

PPG PPG
$132.13 /

+0.495 (+0.38%)

01/30/23 Deutsche Bank
Axalta Coating upgraded to Buy from Hold at Deutsche Bank
01/30/23 Citi
Axalta Coating upgraded to Buy from Neutral at Citi
01/23/23 Deutsche Bank
PPG price target raised to $145 from $128 at Deutsche Bank
01/23/23 Exane BNP Paribas
PPG downgraded to Neutral from Outperform at Exane BNP Paribas
PPG PPG
$132.13 /

+0.495 (+0.38%)

PPG PPG
$132.13 /

+0.495 (+0.38%)

PPG PPG
$132.13 /

+0.495 (+0.38%)

Over a month ago
Conference/Events
PPG management to meet with Mizuho » 05:55
02/06/23
02/06
05:55
02/06/23
05:55
PPG

PPG

$130.69 /

-3.845 (-2.86%)

Meeting to be held in…

Meeting to be held in Boston on February 6 hosted by Mizuho.

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PPG PPG
$130.69 /

-3.845 (-2.86%)

PPG PPG
$130.69 /

-3.845 (-2.86%)

01/30/23 Deutsche Bank
Axalta Coating upgraded to Buy from Hold at Deutsche Bank
01/30/23 Citi
Axalta Coating upgraded to Buy from Neutral at Citi
01/23/23 Deutsche Bank
PPG price target raised to $145 from $128 at Deutsche Bank
01/23/23 Exane BNP Paribas
PPG downgraded to Neutral from Outperform at Exane BNP Paribas
PPG PPG
$130.69 /

-3.845 (-2.86%)

PPG PPG
$130.69 /

-3.845 (-2.86%)

PPG PPG
$130.69 /

-3.845 (-2.86%)

Conference/Events
PPG management to meet with Mizuho » 07:47
02/01/23
02/01
07:47
02/01/23
07:47
PPG

PPG

$130.45 /

+2.95 (+2.31%)

Meeting to be held in…

Meeting to be held in Boston on February 6 hosted by Mizuho.

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PPG PPG
$130.45 /

+2.95 (+2.31%)

PPG PPG
$130.45 /

+2.95 (+2.31%)

01/30/23 Deutsche Bank
Axalta Coating upgraded to Buy from Hold at Deutsche Bank
01/30/23 Citi
Axalta Coating upgraded to Buy from Neutral at Citi
01/23/23 Deutsche Bank
PPG price target raised to $145 from $128 at Deutsche Bank
01/23/23 Exane BNP Paribas
PPG downgraded to Neutral from Outperform at Exane BNP Paribas
PPG PPG
$130.45 /

+2.95 (+2.31%)

PPG PPG
$130.45 /

+2.95 (+2.31%)

PPG PPG
$130.45 /

+2.95 (+2.31%)

Upgrade
Axalta Coating upgraded to Buy from Hold at Deutsche Bank » 05:49
01/30/23
01/30
05:49
01/30/23
05:49
AXTA

Axalta Coating

$29.29 /

+0.525 (+1.83%)

, PPG

PPG

$127.29 /

-0.44 (-0.34%)

Deutsche Bank analyst…

Deutsche Bank analyst David Begleiter upgraded Axalta Coating Systems (AXTA) to Buy from Hold with a price target of $40, up from $25. With new customer wins in Refinish and Light Vehicle driving above market volume growth into 2024, a closing of the price / cost gap driving "significant" earnings improvement in Mobility and substantially less building and construction exposure than peers, Axalta is well positioned to be the best performing coatings company in 2023, the analyst tells investors in a research note. The firm believes Axalta's valuation discount to its primary peer, PPG (PPG), is no longer warranted.

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PPG PPG
$127.29 /

-0.44 (-0.34%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

01/30/23 Citi
Axalta Coating upgraded to Buy from Neutral at Citi
01/27/23 Baird
Axalta Coating price target raised to $35 from $30 at Baird
01/27/23 Mizuho
Axalta Coating price target raised to $31 from $30 at Mizuho
01/05/23 Barclays
Axalta Coating price target raised to $30 from $28 at Barclays
PPG PPG
$127.29 /

-0.44 (-0.34%)

01/23/23 Deutsche Bank
PPG price target raised to $145 from $128 at Deutsche Bank
01/23/23 Exane BNP Paribas
PPG downgraded to Neutral from Outperform at Exane BNP Paribas
01/23/23 Argus
PPG price target raised to $149 from $144 at Argus
PPG PPG
$127.29 /

-0.44 (-0.34%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

PPG PPG
$127.29 /

-0.44 (-0.34%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

PPG PPG
$127.29 /

-0.44 (-0.34%)

Upgrade
Axalta Coating upgraded to Buy from Neutral at Citi » 05:32
01/30/23
01/30
05:32
01/30/23
05:32
AXTA

Axalta Coating

$29.29 /

+0.525 (+1.83%)

, PPG

PPG

$127.29 /

-0.44 (-0.34%)

Citi analyst P.J. Juvekar…

Citi analyst P.J. Juvekar upgraded Axalta Coating Systems (AXTA) to Buy from Neutral with a price target of $35.19, up from $30.29. The analyst sees further share upside following the "solid" Q4 report. Axalta has "under-executed" other coatings companies as margins in its Mobility coatings are near breakeven, while competitor PPG (PPG) is at 13%, Citi tells investors in a research note. The firm thinks Axalta has many underperforming legacy contracts and that new CEO Chris Villavarayan has been hired to fix the company. While it is early, Villavarayan seems rightly focused on getting pricing, while lowering the cost structure, contends the analyst.

ShowHide Related Items >><<
PPG PPG
$127.29 /

-0.44 (-0.34%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

01/27/23 Baird
Axalta Coating price target raised to $35 from $30 at Baird
01/27/23 Mizuho
Axalta Coating price target raised to $31 from $30 at Mizuho
01/05/23 Barclays
Axalta Coating price target raised to $30 from $28 at Barclays
12/15/22 Citi
Axalta Coating price target raised to $30.29 from $25.60 at Citi
PPG PPG
$127.29 /

-0.44 (-0.34%)

01/23/23 Deutsche Bank
PPG price target raised to $145 from $128 at Deutsche Bank
01/23/23 Exane BNP Paribas
PPG downgraded to Neutral from Outperform at Exane BNP Paribas
01/23/23 Argus
PPG price target raised to $149 from $144 at Argus
01/23/23 Vertical Research
PPG downgraded to Hold from Buy at Vertical Research
PPG PPG
$127.29 /

-0.44 (-0.34%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

PPG PPG
$127.29 /

-0.44 (-0.34%)

AXTA Axalta Coating
$29.29 /

+0.525 (+1.83%)

PPG PPG
$127.29 /

-0.44 (-0.34%)

Recommendations
PPG price target raised to $145 from $128 at Deutsche Bank » 09:33
01/23/23
01/23
09:33
01/23/23
09:33
PPG

PPG

$130.88 /

+7.35 (+5.95%)

Deutsche Bank analyst…

Deutsche Bank analyst David Begleiter raised the firm's price target on PPG to $145 from $128 and keeps a Buy rating on the shares post the Q4 results.

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PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

01/23/23 Exane BNP Paribas
PPG downgraded to Neutral from Outperform at Exane BNP Paribas
01/23/23 Argus
PPG price target raised to $149 from $144 at Argus
01/23/23 Vertical Research
PPG downgraded to Hold from Buy at Vertical Research
01/23/23 Wells Fargo
PPG price target raised to $124 from $115 at Wells Fargo
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

Downgrade
PPG downgraded to Neutral from Outperform at Exane BNP Paribas » 09:25
01/23/23
01/23
09:25
01/23/23
09:25
PPG

PPG

$130.88 /

+7.35 (+5.95%)

Exane BNP Paribas analyst…

Exane BNP Paribas analyst Laurent Favre downgraded PPG to Neutral from Outperform with a $130 price target.

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PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

01/23/23 Argus
PPG price target raised to $149 from $144 at Argus
01/23/23 Vertical Research
PPG downgraded to Hold from Buy at Vertical Research
01/23/23 Wells Fargo
PPG price target raised to $124 from $115 at Wells Fargo
01/23/23 KeyBanc
PPG price target raised to $159 from $144 at KeyBanc
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

Recommendations
PPG price target raised to $149 from $144 at Argus » 09:23
01/23/23
01/23
09:23
01/23/23
09:23
PPG

PPG

$130.88 /

+7.35 (+5.95%)

Argus analyst Bill…

Argus analyst Bill Selesky raised the firm's price target on PPG to $149 from $144 and keeps a Buy rating on the shares. The company's Q4 earnings were down from last year on lower volume as manufacturing activity slowed in several regions, the analyst tells investors in a research note, also cutting his FY23 EPS view by 32c to $7.04 on the risk that economic recovery in China - where the company has 19 manufacturing sites - may be slower than expected. Selesky adds however that he is assuming 2024 earnings growth of 13% amid higher pricing, lower input costs, and improved demand, especially in China.

ShowHide Related Items >><<
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

01/23/23 Vertical Research
PPG downgraded to Hold from Buy at Vertical Research
01/23/23 Wells Fargo
PPG price target raised to $124 from $115 at Wells Fargo
01/23/23 KeyBanc
PPG price target raised to $159 from $144 at KeyBanc
01/22/23 Citi
PPG price target lowered to $138 from $139 at Citi
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

Downgrade
PPG downgraded to Hold from Buy at Vertical Research » 08:11
01/23/23
01/23
08:11
01/23/23
08:11
PPG

PPG

$130.88 /

+7.35 (+5.95%)

Vertical Research analyst…

Vertical Research analyst Kevin McCarthy downgraded PPG to Hold from Buy. The firm left the company's Q4 earnings call with the belief that PPG is executing well on what it can control, but contends that "macro woe outweighs micro" momentum for now.

ShowHide Related Items >><<
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

01/23/23 Wells Fargo
PPG price target raised to $124 from $115 at Wells Fargo
01/23/23 KeyBanc
PPG price target raised to $159 from $144 at KeyBanc
01/22/23 Citi
PPG price target lowered to $138 from $139 at Citi
01/20/23 KeyBanc
KeyBanc 'encouraged' by PPG Industries Q4 beat
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

Recommendations
PPG price target raised to $124 from $115 at Wells Fargo » 06:57
01/23/23
01/23
06:57
01/23/23
06:57
PPG

PPG

$130.88 /

+7.35 (+5.95%)

Wells Fargo analyst…

Wells Fargo analyst Michael Sison raised the firm's price target on PPG to $124 from $115 and keeps an Equal Weight rating on the shares. The analyst remains on the sidelines as he believes negative volume and EPS growth year-over-year during the first half of 2023 will limit upside in the stock near-term. He also remains below the street for 2023 and does not expect benefits from pricing/deflation to materialize until the second half of 2023.

ShowHide Related Items >><<
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

01/23/23 KeyBanc
PPG price target raised to $159 from $144 at KeyBanc
01/22/23 Citi
PPG price target lowered to $138 from $139 at Citi
01/20/23 KeyBanc
KeyBanc 'encouraged' by PPG Industries Q4 beat
01/12/23 KeyBanc
PPG price target raised to $144 from $125 at KeyBanc
PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

PPG PPG
$130.88 /

+7.35 (+5.95%)

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