Stifel Nicolaus cuts its rating on Altria (MO) to Hold after shares hit its $29 price target....

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

Stifel Nicolaus cuts its rating on Altria (MO) to Hold after shares hit its $29 price target. Stifel says it is confident in the cigarette maker’s fundamentals into next year, but says shares are pricing in the upside, noting that Altria is trading at an 8% discount to S&P consumer staples and a 10% premium to the S&P 500, "both of which are well above its historical average.”