Goldman Sachs Raises Price Target On Altria (MO) But Remains On Sidelines
Tweet
Share
E-mailGet Alerts MO Hot Sheet
Price: $65.70 +0.95%
Rating Summary:
8 Buy, 11 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
8 Buy, 11 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs lifted its price target on Altria (NYSE: MO) from $27 to $28 but kept its Neutral rating following in-line Q3 results.
The firm slightly raised estiamtes 2011/2012/2013 to $2.04/2.15/2.29 from $2.03/2.12/2.24 on cost savings offset partly by lower PMUSA pricing.
The firm maintained their Neutral and sees little upside to current shares as they expect cigarette EBIT to be up 1.5% in 2012.
For more ratings news on Altria click here and for the rating history of Altria click here.
Shares of Altria closed at $27.66 yesterday.
The firm slightly raised estiamtes 2011/2012/2013 to $2.04/2.15/2.29 from $2.03/2.12/2.24 on cost savings offset partly by lower PMUSA pricing.
The firm maintained their Neutral and sees little upside to current shares as they expect cigarette EBIT to be up 1.5% in 2012.
For more ratings news on Altria click here and for the rating history of Altria click here.
Shares of Altria closed at $27.66 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fiserv (FISV) PT Lowered to $60 at Freedom Broker
- Freedom Broker Upgrades Serve Robotics (SERV) to Buy
- DA Davidson Reiterates Neutral Rating on Timken (TKR)
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
