Bank of America Securities Maintains Buy on Altria Group (MO)
Altria Group, Inc. (NYSE:MO) is one of the Best and Cheap Stocks to Buy Right Now. On September 23, Lisa Lewandowski from Bank of America Securities maintained a Buy rating on Altria Group, Inc. (NYSE:MO), with a price target of $72. The analyst noted the company’s partnership with KT&G Corp as a key step towards growth in the oral nicotine market. She noted that this includes acquiring a big stake in Another Snus Factory, thereby boosting the company’s position in the smoke-free product area. Moreover, ...