Philip Morris (PM) Offers Revised FY16 EPS Guidance
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Philip Morris (PM) Numbers Trimmed at Jefferies on FX Guidance
November 17, 2016 7:49 AM ESTJefferies lowered estimates and its price target on Hold-rated Philip Morris (NYSE: PM) to $94.00 (from $101.00) to reflect most recent FX guidance as outlined at a competitor conference yesterday.
Analyst Owen Bennett commented, "Lower our FY16 and FY17 adjusted EPS by c2% and c7%,... More