Goldman Sachs Maintains Buy on Philip Morris Intl, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bonnie Herzog maintains a Buy rating on Philip Morris International (NYSE:PM) and raises the price target from $126 to $140.
September 26, 2024 | 3:34 pm
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Goldman Sachs has reaffirmed its Buy rating on Philip Morris International and increased the price target from $126 to $140, indicating confidence in the company's future performance.
The increase in the price target from $126 to $140 by a reputable analyst at Goldman Sachs suggests a positive outlook for Philip Morris International. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100