Philip Morris International

The earnings crunch gets underway this week, with big names in the financial, technology, consumer goods and other sectors on tap to share their most recent quarterly results. Among those expected to post the biggest year-over-year gains in earnings are Abbott Labs (NYSE: ABT), BlackRock (NYSE: BLK...

The earnings crunch ramps up this week. The many quarterly reports on the schedule ought to provide a good overview of several sectors, and the feared slump in earnings should make itself felt if it is going to. The financial sector will be highlighted by results from the likes of American...

Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...

Morgan Stanley is out with its report today on Philip Morris International (NYSE: PM), maintaining Overweight. In a note to clients, Morgan Stanley writes, "Despite industry volume headwinds and moderate regulatory concerns, we remain confident in PM's underlying outlook given its: (i) Superior...

Investors looking for a defensive play, and who don't have an issue with so-called sin stocks, might be considering tobacco stocks about now. By and large, tobacco stocks continue to perform strongly, despite years of lawsuits, taxation and general disdain from the public. And some of them have the...

Morgan Stanley is out with its report today on Philip Morris International (NYSE: PM), reiterating Overweight. In a note to clients, Morgan Stanley writes, "Despite PM's exposure to a number of challenging international cigarette markets, our analysis of overall industry volume dynamics suggests...

Credit Suisse reports that it favors Philip Morris International, Inc. (NYSE: PM) shares “thanks to its strong pricing power/momentum, unmatched ability to generate strong cash flows (in good and bad times) and the untapped long-term growth potential in non-OECD markets.” “The shares are also well...

Citi is out with its report today on Philip Morris International (NYSE: PM), raising its price target from $60.50 to $63.50. In a note to clients, Citi writes, "We are transferring coverage of Philip Morris International from Adam Spielman to Vivien Azer in this note and maintain a Hold rating on...

Citigroup has raised the price target on Philip Morris International (NYSE: PM) from $60.50 to $63.50 and maintains its Hold rating.

Credit Suisse has raised the price target on Philip Morris International (NYSE: PM) from $62 to $64 and maintains its Outperform rating.