UBS takes a shine to a pair of tobacco names, raising its price target on buy-rated Altria (MO...

|About: Altria Group, Inc. (MO)|By:, SA News Editor

UBS takes a shine to a pair of tobacco names, raising its price target on buy-rated Altria (MO +0.1%) and Lorillard (LO -0.7%). Despite a strong run that has seen the duo outperform consumer staples by a healthy margin in 2012, analyst Nik Modu says strong sector rotation, low interest rates, and favorable pricing remains in play.