Altria Group price target lowered to $68 from $72 at Stifel

Stifel lowered the firm’s price target on Altria Group (MO) to $68 from $72 and keeps a Buy rating on the shares. EPS of $1.30 was flat to the prior year in Q4 and in line with the firm’s estimate, but the underlying operating performance was softer than expected with higher operating costs in both the Smokable and Oral Products businesses, the analyst tells investors. Initial 2026 guidance bracketed consensus, but is second half weighted, the analyst added.