By: Benzinga
December 28, 2012 at 10:11 AM EST
UPDATE: Jefferies Raises PT to $151 on PPG Industries on Spin-Off Adjustment
Jefferies reiterated its rating on PPG Industries (NYSE: PPG ) and raised its price target from $150 to $151. Jefferies commented, "PPG has started the process for splitting off the commodity chemicals business. The exchange offer is scheduled to expire the morning of January 28. We are adjusting our
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