Philip Morris Int'l (PM) Misses Q1 EPS by 5c; Trims FY13 Outlook

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Go back to Philip Morris Int'l (PM) Misses Q1 EPS by 5c; Trims FY13 Outlook

Jefferies Trims Estimates on Philip Morris (PM) Post Q1

April 19, 2013 8:08 AM EDT

Jefferies reiterated a Hold rating and $95 price target on Philip Morris (NYSE: PM) following Q1 results Thursday.

The analyst comments, "PMs 1Q13 results missed expectations and the co. lowered the full year guidance by 13¢ due to increased FX headwinds the underlying EPS... More