Market Report -- Short Stories (PPG)

Date: 19 March 2007
Source: Msn

Date: 19 March 2007

Msn reportedt that America Sec reiterates Buy. Target $70 to $76. Banc of America raises their PPG tgt to $76 from $70 to reflect new reporting segments.

They think two recent actions should help alter investor perception: 1) decision to divest auto glass (8% of sales) and fine chemicals (1%); and 2) two new reporting segments. They say flat glass is a decent business, but they wouldn't rule out sale of all of PPG's $2.3 bln glass position, ...



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