Citigroup Raised Its PT For Philip Morris International To $
Citigroup raised its price target for Philip Morris International (NYSE:PM) to $63.50 from $60.50 and maintained its hold rating on the stock.The bank sees 2011 EPS of $4.42, vs. consensus estimates of $4.43, and 2012 EPS of $4.89, vs. consensus estimates of $4.90 per share.Philip Morris has a potential upside of 4.1% based on a current price of $62.53 and an average consensus analyst price target of $65.11.
Credit: Financial News Network
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