PPG Industries gain as Mizuho raises price target
ReutersFeb 12, 2026 12:11 PM
Shares of global paint supplier PPG Industries PPG.N gain 1.5% to $133 premarket
New PT represents ~7% upside to stock's last close
Brokerage sees PPG as better positioned than coming Akzo and Axalta combination due to stronger aerospace business, better decorative and architectural mix and cost discipline
Raises PT to reflect higher peer multiple average
"PPG's aerospace presence is much broader", brokerage says with regards to upcoming peer merger of Akzo & Axalta
12 of 26 brokerages rate stock "buy" or higher and 14 "hold"; median PT is $125- data compiled by LSEG
In 2025, PPG was down 14.2%
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