Deutsche Bank raised the firm’s price target on Philip Morris to $118 from $116 and keeps a Buy rating on the shares. The company reported solid Q2 results, the analyst tells investors in a research note.
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Read More on PM:
- Philip Morris price target raised to $120 from $115 at Stifel
- Philip Morris price target raised to $118 from $110 at BofA
- PM Earnings: Philip Morris Gains on Strong Q2 Results
- Philip Morris heated volume view may overshadow broader strength, says Jefferies
- Philip Morris sees Q3 adjusted EPS $1.77-$1.82, consensus $1.77