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Evercore ISI Reaffirms Their Hold Rating on PPG Industries (PPG)

Tipranks - Tipranks - Thu Jan 15, 7:28AM CST

Evercore ISI analyst Eric Boyes maintained a Hold rating on PPG Industries today and set a price target of $112.00.

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Boyes covers the Basic Materials sector, focusing on stocks such as RPM International, Ecolab, and Linde. According to TipRanks, Boyes has an average return of -0.5% and a 40.00% success rate on recommended stocks.

PPG Industries has an analyst consensus of Moderate Buy, with a price target consensus of $116.92.

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Based on PPG Industries’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.08 billion and a net profit of $453 million. In comparison, last year the company earned a revenue of $4.58 billion and had a net profit of $468 million

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