PPG Industries Gains Three Analyst Price Target Hikes Up to $16
Evercore ISI raised its PPG Industries price target by $16, Mizhou lifted its by $15, and Bernstein hiked its to $130 from $123 after strong Q4 reception despite an EPS miss. PPG unveiled its 2026 global automotive color report in Shanghai, featuring Secret Safari and collaborations with Xiaomi and Chery.
1. Analyst Price Target Increases
On February 18, Evercore ISI raised its price target on PPG Industries by $16, followed by Mizhou’s $15 increase on February 12. Bernstein also boosted its target to $130 from $123 while maintaining an Outperform rating, citing positive market reception of Q4 results despite a modest EPS miss.
2. Global Automotive Color Report
PPG Industries unveiled its 2026 global automotive color report, 'Parallels,' in Shanghai, showcasing Secret Safari as Color of the Year. The presentation highlighted the company’s strategic focus in China through a multi-year collaboration with Xiaomi to develop 100 new hues and a joint color lab with Chery, reinforcing its leadership in premium vehicle finishes.