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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.

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