Bullish Case: PPG's recent earnings beat, solid dividend, and industrial growth in coatings could attract bullish sentiment, outweighing short-term volatility and institutional sales.


Bearish Case: PPG's stock underperformance, sector volatility, potential for a bearish turn in industrial markets, and recent institutional selling imply downside risks.


Potential Outcomes:

1) Earnings sustain growth, price rises (40%).

2) Bearish market trends, price falls (35%).

3) Institutional selling continues, further decline (15%).

4) Industrial upturn, price stabilizes or increases (10%).


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April 16, 2024


PPG Industries Forecast

PPG        PPG Industries
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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