Philip Morris (PM) Misses Q3 EPS by 11c

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Go back to Philip Morris (PM) Misses Q3 EPS by 11c

Philip Morris (PM) PT Lowered to $130 at Piper Jaffray, Positve View On Co, Lowers EPS Estimate On FX/Q3 Report

October 20, 2017 2:07 AM EDT

Piper Jaffray lowered its price target on Philip Morris (NYSE: PM) to $130.00 (from $135.00) while maintaining a Overweight rating.

Analyst Michael Lavery remains positive on the company while noting geographic expansions are masking iQOS share gains. The analyst likes the underlying core cigarette... More