1 Wall Street Analyst Thinks Altria Stock Is Going to $65. Is It a Buy? [Yahoo! Finance]
Altria Group, Inc. (MO)
Last altria group, inc. earnings: 4/30 07:00 am
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Source: Yahoo! Finance
a world that has grown more health-conscious and aware of tobacco's hazards. On the other hand, the company's traditionally strong financial performances and its high-yielding dividend have attracted countless investors over the years. It's safe to say there were more folks taking notice recently when one Wall Street analyst who tracks Altria upgraded her rating of it. Before the trading day opened on Dec. 6, news broke that Bank of America 's Lisa Lewandowski had changed her view on Altria. She's now convinced that it is a buy, where previously she had ranked the tobacco stock as neutral. She also lifted her target price on it significantly, from $55 per share to $65. That new level is nearly 19% higher than the stock's closing price on Dec. 11. According to reports, Lewandowski's move was based on several factors. In her view, the incoming Republican presidential administration will implement policies that will benefit Altria, such as tariffs for foreign producers of a range o
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News
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MO
Earnings
- 10/31/24 - Beat
MO
Sec Filings
- 1/3/25 - Form 4
- 12/12/24 - Form 4
- 10/31/24 - Form 10-Q
- MO's page on the SEC website