Philip Morris International (PM) Tops Q4 EPS by 8c, FY19 Guidance Tops Consensus

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Go back to Philip Morris International (PM) Tops Q4 EPS by 8c, FY19 Guidance Tops Consensus

Philip Morris (PM) PT Lowered to $100 at Piper Jaffray; Sees Strong Core Earnings and iQOS Momentum

February 8, 2019 8:45 AM EST

Piper Jaffray analyst Michael Lavery lowered the price target on Philip Morris (NYSE: PM) to $100.00 (from $110.00) while maintaining a Overweight rating.

Lavery commented, "We consider PM's strong underlying core earnings growth and incremental iQOS earnings to be attractive. We believe its 2019 guidance is... More