The Latest Breaking News from PM

Goldman Sachs analyst Bonnie Herzog downgraded Philip Morris International Inc (NYSE:PM) to Neutral from Buy with a price target of $100, down from $116, implying a 6.22% upside. The analyst thinks that given the risk in the situation of Russia and Ukraine, the management will be forced to lower the FY22 outlook as Philip Morris…

Stringent FDA regulations imposed on nicotine consumption have hindered the tobacco industry’s growth over the past few years. However, manufacturers have produced various alternatives, like e-cigarettes, vapes, and similar smoking substitutes, which could help the industry grow. So, we think high dividend-yielding tobacco stocks Philip Morris (PM), British American (BTI),…

Cigarette maker Philip Morris International Inc (NYSE:PM) is the latest joiner in the list of multinationals stepping back from Russia. Nestle SA (OTC:NSRGY) and Imperial Brands PLC (OTC:IMBBY) have also joined the list of companies giving in to pressure from consumers to take a stand against the war in Ukraine, Reuters reported. Consumer goods giants including Proctor & Gamble…

Someone with a lot of money to spend has taken a bullish stance on Philip Morris Intl (NYSE:PM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Since the beginning of the year, the markets have been highly volatile. However, high-yield dividend stocks Philip Morris (PM) and Telefónica (TEF) have stood out amidst the broad-based correction, delivering positive returns so far this year. Let’s discuss.

The stock market is jittery over the Russia-Ukraine conflict. Today the market opened in the red as news of Russian troop deployment in two eastern Ukraine regions rolled in. With stock market volatility predicted to stay, the buy-rated dividend-paying stocks trading near their 52-week highs – Phillip Morris and SpartanNash…

If history is any guide, there may be good fortune ahead for shares of Philip Morris Intl (NYSE:PM). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

Philip Morris International Inc (NYSE:PM) reported fourth-quarter FY21 sales growth of 8.9% year-on-year, to $8.10 billion, beating the analyst consensus of $7.76 billion. Cigarette and heated tobacco unit shipment volume increased by 4.2% Y/Y, with 17.6% growth in the Middle East & Africa. Marlboro shipment volume improved 8.9%. Shipment volume for Chesterfield increased 22.7%, mainly…

As the stock market is expected to remain volatile owing to the anticipated interest rate hikes to control inflation, it could be wise to bet on fundamentally strong dividend-yielding stocks AbbVie (ABBV), Philip Morris (PM), and Vector Group (VGR) for securing a steady income stream. These stocks are rated ‘Buy’…

The benchmark indexes witnessed a bull run in 2021, with numerous stocks soaring to record high price levels which were not in sync with their fundamentals. Shares of Electric vehicle companies Rivian Automotive (RIVN), Lucid Group (LCID), and NIO (NIO) hit their record highs as EVs have been dubbed as…