JP Morgan Maintains Overweight on Philip Morris Intl, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jared Dinges has maintained an Overweight rating on Philip Morris Intl (NYSE:PM) and increased the price target from $110 to $115.

November 29, 2023 | 7:38 pm
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JP Morgan analyst Jared Dinges reaffirmed an Overweight rating on Philip Morris Intl and raised the price target to $115, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Jared Dinges from JP Morgan typically signals a strong conviction in the company's future performance and is often taken positively by the market. This can lead to increased investor confidence and a potential short-term rise in the stock price of Philip Morris Intl.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100