UBS Lifts Altria (MO) Price Target, Keeps Buy Rating

Altria Group, Inc. (NYSE:MO) is one of the 11 Most Profitable Cheap Stocks to Invest In Now. On January 26, UBS increased its price target on Altria Group, Inc. (NYSE:MO) from $63 to $67 and maintained its Buy rating on the stock. The firm noted that risks facing the company, including worries around combustible volume mix, duty drawback benefits, and lower nicotine pouch volumes, are manageable. UBS also noted that while progress in smoke-free products is slow, Altria Group, Inc. (NYSE:MO) is still well ...