Barclays raised the firm’s price target on Philip Morris (PM) to $205 from $180 and keeps an Overweight rating on the shares. The firm thinks tobacco stocks could continue to outperform as next generation product growth accelerates.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PM:
- American Express, T Mobile, Roblox, Philip Morris, Texas Instruments Insider Shake-Up
- Philip Morris Highlights Momentum in Smoke-Free Revenue Shift
- Philip Morris Reaffirms 2026 EPS Outlook and Growth
- Philip Morris backs FY26 adjusted EPS view $8.38-$8.53, consensus $8.40
- Mandel’s Lone Pine buys DoorDash, exits Meta in Q4