Barclays Maintains Underweight on Altria Group, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gaurav Jain maintains an Underweight rating on Altria Group (NYSE:MO) but raises the price target from $37 to $43.
August 14, 2024 | 2:31 pm
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Barclays analyst Gaurav Jain maintains an Underweight rating on Altria Group but raises the price target from $37 to $43.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100