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Jefferies boosts its price target on Philip Morris (PM) by $2 to $91 after digesting the firm's...

Jefferies boosts its price target on Philip Morris (PM) by $2 to $91 after digesting the firm's strong Q1. Though the firm says PM's top brands are "firing on all cylinders," it sees sideways trading action for the next few months due to high valuation.
Comments (2)
  • donlsales
    , contributor
    Comments (117) | Send Message
     
    If I had to pile everything into one stock and hold for 10 years, PM would be the one. This is one of the few companies that can buy back shares, pay a high dividend, and STILL provide strong earnings growth. Although right now looks a little expensive!
    20 Apr 2012, 08:25 PM Reply Like
  • arthur_bishop1972
    , contributor
    Comments (2728) | Send Message
     
    Agree completely donlsales. This will hit $105 within 12 months or less.
    21 Apr 2012, 02:00 AM Reply Like
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