JPMorgan upgrades Philip Morris to Overweight

A JPMorgan analyst upgraded Philip Morris (NYSE: PM) from Neutral to Overweight with a price target of $116.00 from a prior price target of %currency%%price%.
Prior to this rating, Philip Morris had 12 buy ratings, 5 hold ratings, and 1 sell ratings.
For consensus analyst estimates and price targets on Philip Morris, click here. For more news on Philip Morris, click here.
Philip Morris's stock price closed at $94.72. They are down -2.86% in the last month and up 0.83% in the last 12 months.
According to Investing Pro, Philip Morris's fair value is $98.39, an upside of 3.88%. Philip Morris's fair value comes with a low degree of uncertainty, according to InvestingPro.
Check out Philip Morris's recent earnings performance and financials here.

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