Altria posts lower-than-expected quarterly results on muted cigarette demand

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Altria (MO) PT Raised to $44.50 at Citi

July 31, 2024 2:33 PM EDT

Citi analyst Adam Spielman raised the price target on Altria (NYSE: MO) to $44.50 (from $43.50) while maintaining a Neutral rating.

The analyst comments "After weaker Q2 Smokeable volumes and despite the benefit of 2 extra selling days in H2, we trim our FY24E... More

Altria (MO) PT Raised to $40 at CFRA

July 31, 2024 10:53 AM EDT

CFRA analyst Garrett Nelson raised the price target on Altria (NYSE: MO) to $40.00 (from $35.00) while maintaining a Sell rating.

The analyst comments "We raise our 12-month target by $5 to $40, based on a '25 P/E of 7.7x and a justified... More