Shares of Altria Group Inc. (NYSE: MO) were down 5.2% as of 3:00 p.m. EDT Wednesday after several analysts downgraded shares of tobacco products giant. More specifically, Altria was downgraded from neutral to buy by Citi …
In a previous article, I laid out the bear case against Altria Group (NYSE: MO). Today, let's take a look at some ways the tobacco titan's stock could trend higher in the coming years. As the number of people who smoke continues to decline, …
Between 2001 and 2016, as the chart on Page 11 of Altria’s annual report shows, Altria’s stock nearly tripled, while the S&P 500 merely doubled. Altria’s stock, like many others, continued to soar after Trump’s election—up about 10 …
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In a previous article, I laid out the bear case against Altria Group (NYSE: MO). Today, let's take a look at some ways the tobacco titan's stock could trend higher in the coming years. As the number of people who smoke continues to decline, …
Image source: IBM. Altria Group stock dropped 4% after getting negative comments from Wall Street analysts. The cigarette giant got downgraded from buy to neutral at Citi, with analysts there cutting their price target on Altria stock …