Philip Morris (PM) Misses Q2 EPS by 11c; Trims FY13 EPS View

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Jefferies Trims Est/PT on Philip Morris Intl (PM) Post Q2

July 19, 2013 12:23 PM EDT

Jefferies analyst Thilo Wrede reiterated a Hold rating and cut his price target Philip Morris Intl. (NYSE: PM) from $95 to $94 following Q2 results on Thursday.

"Despite disappointing 2Q13 earnings and a $0.12 EPS guidance reduction for FY13, PM's share price is mostly... More

Philip Morris (PM) Stock Expected to Hold Up Despite Miss

July 18, 2013 1:16 PM EDT

Goldman Sachs today maintained a Conviction Buy on Philip Morris (NYSE: PM) with a price target of $103.00. Analyst Judy E. Hong expects shares to trade lower following Q2 results, but she doesn't see a major sell-off.

"Overall PM operating margins were... More