Barclays Maintains Overweight on Philip Morris Intl, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Gaurav Jain maintains an Overweight rating on Philip Morris International (NYSE:PM) and raises the price target from $145 to $155.
October 30, 2024 | 5:54 pm
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Barclays analyst Gaurav Jain has increased the price target for Philip Morris International from $145 to $155 while maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in the price target from $145 to $155 by Barclays, along with the maintained Overweight rating, indicates a positive sentiment from the analyst. 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