UBS raises Altria Group price target to $79
UBS analyst Faham Baig maintained a Buy rating on Altria Group and raised the price target to $79 from $76.
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UBS analyst Faham Baig has maintained a Buy rating on Altria Group and increased the price target to $79. The adjustment raises the outlook from the previous target of $76.
Rating and Target Details
The revised price target reflects an updated valuation perspective from the analyst. The stock continues to carry a Buy recommendation.
| Metric | Value |
|---|---|
| Rating | Buy |
| Previous Price Target | $76 |
| New Price Target | $79 |
What specific valuation metrics or market conditions drove the $3 increase in UBS's price target?
How might Altria's upcoming earnings report impact the likelihood of the stock reaching the new $79 target?
What are the potential risks to Altria's growth trajectory that could challenge the Buy rating?
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