Morgan Stanley raised the firm’s price target on Altria Group (MO) to $71 from $62 and keeps an Equal Weight rating on the shares. Following earnings, the firm sees “solid” profit momentum, but continued structural headwinds and balanced risk/reward, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MO:
- Altria Earnings Call: Profits Strong, Outlook Cautious
- Altria Group price target raised to $77 from $72 at Goldman Sachs
- These Are the Stocks Reporting Earnings Today – April 30, 2026
- Morning Movers: Check Point, Meta dip following earnings
- Altria Group reports Q1 adjusted EPS $1.32, consensus $1.25