Bernstein Raises PPG Industries (PPG) PT to $130, Cites Revenue Beat Despite Q4 Earnings Miss

Core Viewpoint - PPG Industries Inc. is currently considered one of the most undervalued quality stocks, with analysts raising price targets despite a Q4 2025 earnings miss, indicating optimism about the company's future performance [1][2][3]. Analyst Ratings and Price Targets - Bernstein increased its price target for PPG Industries to $130 from $123 while maintaining an Outperform rating, noting that the Q4 2025 results were well received despite missing EPS expectations [1]. - UBS analyst Joshua Spector raised the price target to $122 from $110, keeping a Neutral rating on the shares [2]. - RBC Capital analyst Arun Viswanathan raised the price target to $115 from $109 but maintained a Sector Perform rating, citing a Q4 2025 earnings miss and a disappointing 2026 outlook [3]. Segment Performance and Market Dynamics - Positive drivers for PPG Industries include strong performance in the Aerospace and Protective & Marine segments, along with $100 million in Industrial market share gains and effective cost-reduction efforts [3]. - Concerns were raised regarding the Refinish segment destocking, rising costs, and broader Industrial challenges, which may offset the benefits of low-single-digit price and volume growth [3]. Company Overview - PPG Industries manufactures and distributes paints, coatings, and specialty materials, operating through three segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings [4].