UBS turns bullish on Altria (MO) on improving 2026 industry outlook

MSN
2026.01.12 22:34
portai
I'm PortAI, I can summarize articles.

UBS has upgraded Altria Group, Inc. (NYSE:MO) from Neutral to Buy, raising its price target from $61 to $63. This upgrade is based on an improving industry outlook for 2026 and the belief that the decline in Altria's cigarette volume may be stabilizing. Altria is also recognized as one of the 13 Best Dividend Stocks Paying Over 6%.