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Analysts at Cowen & Company upgraded
Philip Morris International Inc. PM 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.
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