Citi added a “downside 90-day catalyst watch” on shares of Philip Morris (PM) while keeping a Buy rating on the name with a $200 price target The firm sees consensus estimates moving lower in the near-term due to slowing ZYN growth and destocking headwinds in Q3.
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 PM:
- Philip Morris: Optimistic Outlook with Strong Growth in Smoke-Free Products and Strategic Market Moves
- Philip Morris Reaffirms 2025 EPS Forecast at Conference
- 3 Mega Cap Stocks with Potential to Beat the Market, 8/29/25
- FDA denies marketing for blu disposable e-cigarette
- Lone Pine buys UnitedHealth, EQT Corp