Reported 1 day ago
Goldman Sachs has raised its price target for Philip Morris International (NYSE:PM) from $190 to $200 while maintaining a Buy rating, indicating confidence in the company's future earnings. This new target suggests a potential upside of nearly 12% from the current share price of $178.70. The adjustment comes ahead of the company’s earnings release, reflecting strong operations and the ability to adapt to regulatory changes, as well as success in both developed and emerging markets.
Source: YAHOO