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Fly News Breaks for October 16, 2015
PM
Oct 16, 2015 | 07:05 EDT
Wells Fargo believes that Philip Morris' beat and raise results indicate that its underlying business continues to improve. Wells continues to believe that the company's Reduced Risk Products could be a game changer for the industry and accelerate the company's profit growth. Wells keeps an Outperform rating on the shares.
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