Altria Group (MO) Tops Q1 EPS by 3c; Reaffirms Outlook

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Go back to Altria Group (MO) Tops Q1 EPS by 3c; Reaffirms Outlook

Altria (MO) PT Lifted to $66 at UBS

April 29, 2016 8:03 AM EDT

UBS analyst Stephen Powers raised his price target on Altria (NYSE: MO) to $66.00 (from $63.00) but maintained a Neutral rating.

Powers commented, "MO Delivered Q1 EPS of $0.72 (vs. UBSe/cons. of $0.69/$0.68) driven by strong price/mix (+3.9%) as well as volume (+2.1%) growth.... More