Philip Morris (PM) Tops Q1 EPS by 10c; Issues Solid Outlook

Morgan Stanley Remains Bullish on Philip Morris (PM)

Morgan Stanley reiterated an Overweight rating and $123.00 price target on Philip Morris (NYSE: PM) following the company's 1Q earnings report. PMs stock suffered its largest-ever single day decline following the results which meaningfully beat on EPS ($1.00, vs. consensus $0.88) but faced both modest fundamental... More

BofA/Merrill Lynch Downgrades Philip Morris (PM) to Underperform, New Street Low PT

BofA/Merrill Lynch downgraded Philip Morris (NYSE: PM) from Neutral to Underperform with a price target of $88.00 (from $113.00).

Analyst Lisa Lewandowski takes more cautious view on the company citing the timing and expense for development and commercialization of IQOS into a meaningful sales... More

Philip Morris (PM) PT Lowered to $100 at Citi

Citi lowered its price target on Philip Morris (NYSE: PM) to $100.00 (from $125.00) while maintaining a Buy rating.

Analyst Adam Spielman says the current share price reflects slower IQOS growth and reduced investor confidence. The analyst remains positive citing a belief that margins will... More

Goldman Sachs Downgrades Philip Morris (PM) to Buy

Goldman Sachs downgraded Philip Morris (NYSE: PM) from Conviction Buy to Buy with a price target of $102.00 (from $126.00).

Analyst Judy Hong removes the name from Goldman's Conviction Buy List citing increased uncertainty surrounding IQOS trajectory. The analyst remains positive on the company... More

Philip Morris (PM) Defended at Stifel Following Q1 Earnings Report

Stifel maintains Buy on Philip Morris (NYSE: PM) price target of $125.00.

Analyst Chris Growe comments following a decline by as much as 16% in the equity on Thursday saying "While we estimate strong growth for PMI in 2018, we believe the company will focus... More

Philip Morris (PM) Adds to Early Weakness, Shares Now Down 16%

Philip Morris (NYSE: PM) adds to earlier weakness following results. Shares are now down 16.1%.

Philip Morris (PM) Pressured on Market Open, Down 12%

Philip Morris (NYSE: PM) Pressured on Market Open, Down 12%