Altria Group (MO) Misses Q3 EPS by 2c, Offers Guidance

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Go back to Altria Group (MO) Misses Q3 EPS by 2c, Offers Guidance

Altria (MO) PT Raised to $47 at Cowen

October 27, 2022 12:58 PM EDT

Cowen analyst Vivien Azer raised the price target on Altria (NYSE: MO) to $47.00 (from $45.00) while maintaining a Market Perform rating.

The analyst commented, "MO reported weaker than expected 3Q22 results, with cigarette volumes down 10% on an adjusted basis, underperforming the category (-8.0%), on... More