Core Viewpoint - Philip Morris International Inc. is transitioning towards smoke-free products, aiming to replace traditional cigarettes with healthier alternatives while maintaining a competitive stance against other tobacco giants [1]. Group 1: Company Overview - Philip Morris is a leading tobacco company known for its popular brands like Marlboro [1]. - The company has a market capitalization of approximately $285.5 billion, indicating its significant presence in the tobacco industry [5]. Group 2: Stock Performance and Analyst Ratings - Barclays maintained an "Overweight" rating for Philip Morris, raising its price target from $180 to $205, reflecting optimism about the company's future performance [2]. - The current stock price of Philip Morris is $183.40, with a slight decrease of 0.1, or approximately -0.05% [4]. - Over the past year, the stock has fluctuated between a high of $190.98 and a low of $142.11, indicating some volatility in its performance [4]. Group 3: Upcoming Events - Philip Morris is set to present at the 2026 Consumer Analyst Group of New York (CAGNY) Conference, where the CEO and CFO will reaffirm the full-year forecast for 2026 [3].
Philip Morris International Inc. (NYSE:PM) Maintains Strong Position Amid Transition to Smoke-Free Products