tiprankstipranks
Philip Morris price target raised to $155 from $145 at Barclays
The Fly

Philip Morris price target raised to $155 from $145 at Barclays

Barclays analyst Gaurav Jain raised the firm’s price target on Philip Morris (PM) to $155 from $145 and keeps an Overweight rating on the shares. The firm thinks the company can now sustain high single-digit earnings growth, unlike the 4% annual growth observed over fiscal 2008 to 2023.

Don't Miss Our Christmas Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App