Goldman Sachs Upgrades Philip Morris To Neutral

Goldman Sachs upgraded Philip Morris International Inc. PM from Sell to Neutral. The price target for Philip Morris is set to $87. Philip Morris shares have dropped 2.77 percent over the past 52 weeks, while the S&P 500 index has surged 11.15 percent in the same period. Philip Morris shares rose 0.77 percent to $84.66 in pre-market trading.