Form S-3ASR ALTRIA GROUP, INC.

Go back to Form S-3ASR ALTRIA GROUP, INC.

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