Barclays Maintains Underweight on Altria Group, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gaurav Jain maintains an Underweight rating on Altria Group (NYSE:MO) but raises the price target from $43 to $45.
September 09, 2024 | 1:38 pm
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Barclays analyst Gaurav Jain maintains an Underweight rating on Altria Group but raises the price target from $43 to $45, indicating a slightly more positive outlook.
The Underweight rating suggests a cautious stance on Altria's stock, but the raised price target indicates a slightly improved outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100