TD Cowen raised the firm’s price target on Altria Group (MO) to $222 from $219 and keeps a Buy rating on the shares. The firm said its robust Q4, in-line F25 guide, and numerous new “generational” defense opportunities support potential for extended 10%+ adj. EBITDA gains.
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Read More on MO:
- Altria Group price target raised to $60 from $52 at Deutsche Bank
- Altria Group price target raised to $55 from $53 at BofA
- Altria Group price target raised to $60 from $54 at Stifel
- Altria’s Strong Q3 Results and Strategic Initiatives
- Altria Group price target raised to $57 from $53 at Goldman Sachs