Philip Morris International Inc. (NYSE:PM) Given Average Rating of "Moderate Buy" by Brokerages

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Philip Morris International (NYSE:PM) has received a consensus “Moderate Buy” rating from brokerages, with an average 1-year price target of $196.83. The company reported quarterly EPS in line with estimates and revenue slightly below, while also declaring a quarterly dividend of $1.47, representing an annualized yield of 3.1%. Institutional investors hold a significant portion of the company’s stock, and several analysts have recently updated their ratings and price targets.

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