Philip Morris (PM) PT Lowered to $107 at BofA Securities

March 25, 2022 9:37 AM EDT
Get Alerts PM Hot Sheet
Price: $184.52 -3.08%

Rating Summary:
    17 Buy, 11 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 2 | Down: 6 | New: 5
Join SI Premium – FREE

BofA Securities analyst Lisa Lewandowski lowered the price target on Philip Morris (NYSE: PM) to $107.00 (from $120.00) while maintaining a Buy rating after educing EPS estimates for Russia & Ukraine.

  • reduces EPS ests for 2022/23 from $6.27/$7.01 to $5.89/$6.60, reflecting EPS reductions of ~6% for both years and incl updated FX headwinds of -58c in 2022 (-45c prior) and -5c in 2023


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst PT Change