PPG Industries Inc

NYSE:PPGUnited States

Apr 23, 2024

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• DJ Sherwin-Williams Sees Upside In Housing Market, Faltering Competitors -- Market Talk, from 2:17PM ET on Tuesday Apr 23, 2024 by Dow Jones

  2:17PM ET on Tuesday Apr 23, 2024 by Dow Jones
  Companies Mentioned: PPG, SHW
  
  1417 ET - Shares of paint maker Sherwin-Williams take a hit after the company's 1Q sales and earnings come in below analysts' expectations, but executives say an improving housing outlook and thinning competition present new opportunities. CEO Heidi Petz says single-family housing starts and the remodeling outlook have gotten better, while existing home sales likely won't get worse. The company expects to gain market share through the rest of the year after one competitor, Kelly-Moore Paints, went out of business in January, and another, PPG, is weighing an exit from the house paint business in the U.S. and Mexico. "You can expect us to be very aggressive," Petz says. Sherwin-Williams down 2% at $302.79. (john.keilman@wsj.com)
  

• DJ PPG Industries Is Maintained at Outperform by BMO Capital, from 10:15AM ET on Tuesday Apr 23, 2024 by Dow Jones

  10:15AM ET on Tuesday Apr 23, 2024 by Dow Jones
  Companies Mentioned: PPG
  
  Ratings actions from Benzinga: https://www.benzinga.com/quote/PPG/analyst-ratings
  
  (END) Dow Jones Newswires
  
  April 23, 2024 10:15 ET (14:15 GMT)
  

• --BMO Capital Adjusts PPG Industries Price Target to $165 From $168, from 7:10AM ET on Tuesday Apr 23, 2024 by MT Newswires

  7:10AM ET on Tuesday Apr 23, 2024 by MT Newswires
  Companies Mentioned: PPG
  07:10 AM EDT, 04/23/2024 (MT Newswires) -- (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contac...