Core Insights - British American Tobacco (BTI) is a leading global tobacco company expanding its portfolio to include innovative products beyond traditional tobacco, aiming to capture a larger market share and adapt to changing consumer preferences [1][3] Financial Performance - On December 10, 2025, Morgan Stanley adjusted BTI's grade to "Underweight" while maintaining a "hold" action, with the stock price at $58.68, but raised the price target from 3,000 GBp to 3,050 GBp, indicating a cautious yet optimistic outlook [2][6] - BTI's current stock price is $58.65, reflecting a 2.37% increase or $1.36, with fluctuations between a low of $57.82 and a high of $58.715 on the same day [4] - Over the past year, BTI's stock reached a high of $59.29 and a low of $34.82, showcasing its market volatility [4] Market Position - BTI has a substantial market capitalization of approximately $128.7 billion, indicating a strong presence in the industry [5][6] - Today's trading volume for BTI stands at 1,973,242 shares, reflecting active investor interest [5]