Altria Group (MO) Tops Q3 EPS by 1c; Tightens Guidance Range

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Altria (MO) PT Raised to $68 at RBC Capital

October 26, 2018 7:01 AM EDT

RBC Capital analyst Nik Modi raised the price target on Altria (NYSE: MO) to $68.00 (from $65.00) while maintaining a Outperform rating.

Modi notes Altria delivered a good quarter amid heightened competitive activity (e-vapor included), category trade-down from rising gas prices and increased excise taxes... More