Argus Raises Philip Morris (PM) Outlook on Rising Contribution from Nicotine Pouches

Group 1 - Philip Morris International Inc. (PM) is recognized as one of the 13 Best Long-Term Dividend Stocks to invest in currently [1] - Argus has raised its price target for PM from $190 to $210, maintaining a Buy rating, citing the expected growth from ZYN nicotine pouches [2] - During the Q4 2025 earnings call, PM reported a 12.8% increase in smoke-free product volumes and an 18.7% rise in organic smoke-free gross profit, indicating strong growth and profitability in this segment [3] Group 2 - CEO Jacek Olczak highlighted that IQOS remains the primary growth driver for PM, with shipment volumes and adjusted in-market sales both increasing by approximately 11% [4] - PM has expanded its smoke-free product presence to 106 markets, showcasing its global rollout strategy [4] - The company reported that shipment volumes for ZYN outside the Nordic region and VEEV in international markets more than doubled, with ZYN gaining significant market share [4][5]