Citigroup Upgrades Philip Morris Intl to Buy, Raises Price Target to $117
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Simon Hales upgrades Philip Morris Intl (NYSE:PM) from Neutral to Buy and raises the price target from $109 to $117.
June 20, 2023 | 8:59 am
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Philip Morris Intl (NYSE:PM) has been upgraded from Neutral to Buy by Citigroup, with a raised price target of $117.
The upgrade from Neutral to Buy by Citigroup analyst Simon Hales indicates a positive outlook for Philip Morris Intl. The raised price target from $109 to $117 suggests an expected increase in the stock price in the short term. This news is highly relevant and important for investors in PM, as it directly impacts their investment decisions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100