Redburn Atlantic Initiates Coverage On Philip Morris Intl with Neutral Rating, Announces Price Target of $95
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Jacob de Klerk has initiated coverage on Philip Morris Intl (NYSE:PM) with a Neutral rating and set a price target of $95.
November 16, 2023 | 11:47 am
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NEUTRAL IMPACT
Philip Morris Intl received a Neutral rating from Redburn Atlantic with a price target of $95.
The initiation of coverage by Redburn Atlantic with a Neutral rating and a specific price target provides investors with an analyst's perspective on the stock's value. However, a Neutral rating suggests that the analyst believes the stock will perform in line with the market or sector, implying no significant short-term price movement is expected.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100