Philip Morris (PM) Tops Q3 EPS by 13c;Updates FY15 Outlook

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Go back to Philip Morris (PM) Tops Q3 EPS by 13c;Updates FY15 Outlook

Cowen Raises Price Target on Philip Morris (PM) Following 3Q15 Earnings

October 15, 2015 3:35 PM EDT

Cowen reiterated an Outperform rating on Philip Morris (NYSE: PM), and raised the price target to $97.00 (from $95.00), following the company's 3Q15 earnings results. The recovery seen in the EU was a surprise for management as they took up their volume guidance from down... More