Consumer Staples
Tobacco
2 companies under coverage.
Coverage
Tobacco
Equity Research
Altria Group (MO)
The bull case — 'Bull — Re-Rate on RRP Success' (8% weight) — targets $122, +69% vs spot. It needs the multiple to hold or expand.
Equity Research
Philip Morris International Inc (PM)
The bull case — 'Bull — Re-Rate on RRP Success' (8% weight) — targets $297, +64% vs spot. It needs the multiple to hold or expand.