PPG Industries Reaches Analyst Target Price
October 23, 2017 at 10:09 AM EDT
In recent trading, shares of PPG Industries Inc (PPG) have crossed above the average analyst 12-month target price of $116.96, changing hands for $117.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..