Philip Morris (PM) option implied volatility elevated as shares sell off on earnings and outlook
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Morgan Stanley Remains Bullish on Philip Morris (PM)
April 20, 2018 9:11 AM EDTMorgan 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
