Stifel Reiterates Buy on Philip Morris Intl, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has reiterated a Buy rating on Philip Morris International (NYSE:PM) and increased the price target from $138 to $145.
October 23, 2024 | 4:24 pm
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Stifel analyst Matthew Smith has reiterated a Buy rating on Philip Morris International and increased the price target from $138 to $145, indicating confidence in the company's future performance.
The reiteration of a Buy rating and an increased price target from a reputable analyst suggests a positive outlook for Philip Morris International. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100