Altria Group, Inc. Announces Retirement of Director Nabil Y. Sakkab From Board of Directors

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Go back to Altria Group, Inc. Announces Retirement of Director Nabil Y. Sakkab From Board of Directors

Citi Negative on Altria (MO), 'disappointing Q3 results'

October 26, 2023 2:18 PM EDT

Citi analyst Adam Spielman lowered the price target on Altria (NYSE: MO) to $42.00 (from $45.00) while maintaining a Neutral rating.

The analyst comments "We update our Altria model to reflect the disappointing Q3 results. US cigarette volumes were worse than expected, with Q3 shipments down... More