B of A Securities Maintains Neutral on Altria Group, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Altria Group but lowered its price target from $57 to $53.
October 15, 2024 | 5:17 pm
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NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Altria Group and reduced its price target from $57 to $53, indicating a less optimistic outlook.
The lowering of the price target by B of A Securities suggests a less favorable view on Altria's future performance, which could lead to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100