Why did BMO Capital raise PPG Industries' price target to $140?

BMO Capital raised PPG Industries' price target to $140 because of the company's strong position for growth in the aerospace segment, driven by its plans to leverage opportunities in both commercial and military aerospace through high-quality products, advanced solutions, and investments in innovation and capacity expansion.

What rating did BMO Capital assign to PPG Industries, and what does the analyst highlight as a key growth driver?

BMO Capital analyst John McNulty reiterated an Outperform rating for PPG Industries Inc. (NYSE:PPG), citing the company's strong position for growth in the aerospace segment as the key driver—specifically highlighting its strategy to serve commercial and military aerospace with high-quality products, advanced solutions, and expanded innovation and capacity.

BMO Capital Raises PPG Industries Price Target to $140 on Aerospace Growth

Jul 1, 2026

BMO Capital analyst John McNulty reiterated an Outperform rating for PPG Industries, raising the price target to $140 citing strong aerospace segment growth potential and capacity expansion plans.

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