Altria Group (MO) Reports In-Line Q3 EPS; Reaffirms

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Go back to Altria Group (MO) Reports In-Line Q3 EPS; Reaffirms

Altria (MO) PT Lifted to $65 at Nomura; Confident in Double-Digit EPS Growth

November 2, 2015 6:43 AM EST

Nomura Securities analyst Owen Bennett reiterated a Buy rating and bumped his price target on Altria (NYSE: MO) to $65.00 (from $64.00) saying they are confident about double-digit earnings growth in FY15 and FY16.

Bennett highlighted:

We raise our FY15E group EBIT: Reflecting continued share momentum across smokeable and smokeless as well as better-than-expected... More

Cowen Downgrades Altria (MO) to Market Perform

October 30, 2015 6:36 AM EDT

Cowen downgraded Altria (NYSE: MO) from Outperform to Market Perform with a price target of $65.00 (from $62.00) on valuation.

Analyst Vivien Azer commented, "We downgrade MO to Market Perform from Outperform. We continue to be fans of the consistent long-term EPS growth that MO offers... More