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Updated March 22, 2022 10:07 americium ET / Original March 22, 2022 9:37 americium ET
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Altria Group has been the standout successful Big Tobacco this year, and Goldman Sachs argues that spot looks acceptable to continue, acknowledgment to its defensive, domestic-focused business, making it a amended bargain than Philip Morris International.
Analyst Bonnie Herzog raised her standing connected Altria (ticker: MO) to Buy from Neutral and her terms people to $57 from $48. By contrast, she chopped her standing connected Philip Morris (PM) to Neutral from Buy, and lowered her terms people to $100 from $116.