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The Vetr community upgraded Philip Morris International Inc. (NYSE:PM) from 2.5 to 3 stars.
The stock is down $3 over the past month since missing on its second-quarter EPS estimate by 7.32 percent and revenue estimates by 2.44 percent.
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Vetr members have given Philip Morris a Hold rating and a $112.80 price target. This price target is lower than the $113.31 price target from Street analysts.
Of all Vetr voters, 50 percent believe traders should buy, 33.3 percent believe traders should sell, and 16.7 percent believe traders should hold Philip Morris stock.
For Vetr’s full analysis of Philip Morris, go here.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.