Citigroup Maintains Neutral on Altria Group, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Adam Spielman has maintained a Neutral rating on Altria Group (NYSE:MO) and lowered the price target from $46.5 to $45.
October 18, 2023 | 3:53 pm
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NEUTRAL IMPACT
Altria Group's price target has been lowered from $46.5 to $45 by Citigroup, while maintaining a Neutral rating.
The lowering of the price target by Citigroup could potentially create a negative sentiment among investors. However, the maintained Neutral rating indicates that the analyst does not expect significant changes in the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100