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Fly News Breaks for March 14, 2016
PM
Mar 14, 2016 | 08:04 EDT
Stifel believes that Philip Morris' new reduced-risk products will be a "game-changing growth opportunity" for the company. The firm thinks the new products will push the company's stock price higher. It raised its price target on the name to $110 from $93 and keeps a Buy rating on the shares.
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