FDA Issues Modified Risk Tobacco Product Orders for 20 ZYN Nicotine Pouch Products
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BofA on Philip Morris (PM): 'one of the best positioned companies in the consumer staples sector'
June 30, 2026 1:09 PM EDTBofA Securities analyst Lisa Lewandowski reiterated a Buy rating and $209.00 price target on Philip Morris (NYSE: PM).
The analyst comments "MRTP orders are important because the applications undergo strict, science-based testing for any tobacco product that claims to be less harmful than others. Before a manufacturer can market a product with reduced-risk or reduced-exposure claims, it must obtain an... More
