Philip Morris: Jefferies still on 'hold'
(CercleFinance.com) - On Tuesday an analyst at Jefferies stuck to a "Hold" rating on the Philip Morris share, after its appointment of Emmanuel Babeau as CFO.
He is "a new CFO highly experienced in transformation projects," Jefferies said.
The analyst confirms a target price of 83 dollars, which is pretty much in line with the share's current price.
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