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Actionable news in PPG: PPG INDUSTRIES Inc,

PPG Industries (PPG) Stock Rating Lowered at Goldman

NEW YORK (TheStreet) -- PPG Industries (PPG) stock was downgraded to "neutral" from "buy" at Goldman Sachs.

The firm also trimmed its price target to $103 from $111 on shares of the Pittsburgh-based paint and coatings company, according to the Fly.

Before yesterday's market open, the company reported earnings and revenue for the 2016 third quarter that met analysts' estimates. PPG added that it expects "a continuation of only modest improvements in global demand" in the fourth quarter.

Goldman said there are fewer catalysts left for the stock following the report.