UBS Maintains Sell on Altria Group, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Faham Baig maintains a 'Sell' rating on Altria Group (NYSE:MO) but raises the price target from $39 to $41.
September 09, 2024 | 2:09 pm
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UBS analyst Faham Baig maintains a 'Sell' rating on Altria Group but raises the price target from $39 to $41, indicating a slightly more optimistic view on the stock's potential value.
The 'Sell' rating suggests a negative outlook, but the raised price target indicates a slightly improved valuation expectation. This mixed signal may result in a neutral short-term impact on the stock price.
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IMPORTANCE 80
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