Cowen Upgrades Philip Morris To Outperform

Analysts at Cowen & Company upgraded

from Market Perform to Outperform. The price target for Philip Morris has been raised from $78 to $97. Philip Morris shares have gained 1.75 percent over the past 52 weeks, while the S&P 500 index has gained 12.45 percent in the same period. Philip Morris shares climbed 8.74 percent to close at $84.96 yesterday.