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2025-04-032025-04-031111100
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Deutsche Bank raises price target for Philip Morris International to 170 dollars

Deutsche Bank has raised its price target for Philip Morris International, Inc. to $170 from $142 while maintaining a Buy rating. In 2023, the company sold 612.9 billion cigarettes and 125.3 billion heated tobacco products, operating 50 manufacturing sites globally. Net sales are primarily distributed across Europe (42%) and Asia (51.2%).
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United States Dollar Swedish Match AB Deutsche Bank Money Market PP Philip Morris International Inc. USA Show more
Business & Industry, Market Report
18:04 03.04.2025

Philip Morris shares soar as Zyn demand drives record growth

Philip Morris International shares soared to record highs, driven by a significant increase in demand for its Zyn nicotine pouches, which saw shipments rise nearly 40% year-over-year. The company reported strong financial results and raised its earnings outlook, highlighting Zyn as a key growth driver as it expands into new markets. With a 37% increase in 2024, this marks the company's best performance since its separation in 2008.
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United States Dollar Swedish Match AB Altria Group, Inc. Philip Morris International Inc. GRC CZE USA Philip Morris Emmanuel Babeau Show more
Finance & Economy, Market Report
20:05 22.10.2024
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