$PPG

Blue Origin will invest $550M in a Texas manufacturing campus for satellite programs, creating 2,000 jobs. Cleveland-Cliffs is expanding its Pennsylvania facility for $200M, with DOE support. PPG plans a $70M expansion in Alabama for aerospace transparencies. Accu-Precision will invest $68M in a Colorado facility for aerospace parts. Xingyu and Re:Build also announced U.S. manufacturing investments.

PPG plans to invest $70 million to expand its aerospace transparencies plant in Alabama, adding a 112,000-square-foot building for support activities. The company manufactures specialized aircraft windows and coatings, benefiting from increased demand in the sector. According to PPG, the expansion will support its main manufacturing facility in Huntsville, Alabama.

Goldman Sachs cut PPG Industries' (NYSE:PPG) price target to $128 from $131, citing lower peer multiples, while maintaining a Buy rating. The stock trades at $104.58, with a P/E ratio of 15.17. PPG reported Q2 2026 revenue of $4.5B, beating estimates, but missed profit expectations. Analysts highlight risks from macro demand and raw material costs, but note potential upside.

Goldman Sachs cut Sherwin-Williams' (SHW) price target to $410 from $420, citing lower peer multiples. It also adjusted targets for Axta (AXTA), PPG (PPG), Tronox (TROX), Kronos (KRO), and Chemours (CC). Goldman noted mixed industry trends, including stable architectural coatings demand and raw material headwinds. Price targets were lowered for SHW, PPG, TROX, KRO, and CC, while AXTA's target was raised.

PPG Industries (PPG) is investing $70M to expand its aerospace transparencies operations in Huntsville, Alabama, adding a new 112,000-sq-ft facility to meet growing demand for aircraft windows. The company cited increased demand as the driver for the expansion.

PPG (NYSE: PPG) launched PPG LINQ Analytics software, part of its digital ecosystem, to help body shops and repair centers improve performance, control costs, and protect profit margins. The software provides customizable performance insights through a single dashboard, combining data from PPG LINQ digital solutions and the PPG Collision Services program. According to PPG, the tool helps reduce waste, improve throughput, and support targeted actions to improve margins.

PPG Industries reported Q2 adjusted EPS of $2.23, missing estimates, and revenue of $4.5B, beating forecasts. Shares fell 6% post-results. The company expects full-year adjusted EPS of $7.70-$8.10. Analysts rate PPG a 'Moderate Buy' with a mean price target of $126.28, implying 20.1% upside.

Hefel Juliane M. (Sr. VP, Ind Coatings & Sp Prod) purchased 13 shares of PPG INDUSTRIES INC (PPG) at an average of $105.31 ($104.78–$106.89) across 2 trades on 2026-09-11.

Analysts initiated coverage on five companies: Keybanc rated PPG Industries (PPG) Overweight with a $133 target, Bernstein rated Shopify (SHOP) Outperform with a $160 target, Mizuho rated Chesapeake Utilities (CPK) Outperform with a $150 target, Piper Sandler rated Global Payments (GPN) Neutral with a $101 target, and JP Morgan rated Dianthus Therapeutics (DNTH) Overweight with a $135 target. All stocks closed lower than their respective targets on Thursday.

KeyBanc initiated coverage on PPG Industries (NYSE:PPG) with an Overweight rating and a $133.00 price target, citing undervaluation. The stock trades at a P/E of 15 and EV/EBITDA of 10.85. PPG reported Q2 2026 adjusted earnings of $2.23 per share, with revenue of $4.5 billion, beating expectations. The company has raised its dividend for 55 consecutive years and shows six quarters of organic growth.