Altria Group, Inc. (MO) has been in the spotlight, with
investors showing an increasing interest. There has been activity concerning share sales by entities including
Wealthspire Advisors LLC and
SG Americas Securities LLC, while organizations like
Empirical Finance LLC and
ORG Partners LLC have grown their stock positions. Short interest in the company declined by
15.1% in June, and the group's stocks have been outperforming competitors on active trading days.
Market performance seems likely to fluctuate; despite some instances of underperformance, the stock rose on various occasions. The
price target for Altria Group< was raised to
$48.00 by Bank of America, and the stock attained a new 12-month high following an analyst upgrade. Altria's
first-quarter 2024 earnings exceeded expectations, and its dividend yield has crossed
9%. However, investors' opinions about purchasing, holding, or selling the stock are divisible. Altria Group also faces potential hurdles linked to pricing and transition to smoke-free options.
Altria Group MO News Analytics from Sun, 17 Dec 2023 08:00:00 GMT to Sun, 14 Jul 2024 13:05:49 GMT -
Rating 3
- Innovation -6
- Information 7
- Rumor 3
