Barclays Maintains Overweight on Philip Morris Intl, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gaurav Jain has maintained an 'Overweight' rating on Philip Morris Intl (NYSE:PM) but lowered the price target from $115 to $100.
September 21, 2023 | 9:24 am
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Barclays has maintained an 'Overweight' rating on Philip Morris Intl but lowered the price target from $115 to $100.
The news is directly about Philip Morris Intl. While the 'Overweight' rating suggests that Barclays expects the stock to outperform, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100