What Do Analysts Think About Philip Morris International Inc. (PM)

Philip Morris International Inc. (NYSE:PM) is one of the best long term low volatility stocks to invest in. Philip Morris International Inc. (NYSE:PM) announced that its experts presented scientific evidence to the FDA’s Tobacco Products Scientific Advisory Committee on January 22 as part of the FDA’s process for a Modified Risk Tobacco Product designation for their ZYN nicotine pouch products. Management stated that the designation would allow Philip Morris International Inc.’s (NYSE:PM) U.S. family of businesses to communicate to U.S. legal-aged, 21+ adult cigarette smokers that they may reduce their risk of smoking-related diseases by switching completely to ZYN. The company is also looking forward to a decision by the FDA.

How Philip Morris International (PM) Fits into a Short-Term Dividend Capture Strategy

The same day, Stifel Nicolaus reiterated a Buy rating on Philip Morris International Inc. (NYSE:PM) and set a price target of $180. In addition, Philip Morris International Inc. (NYSE:PM) received a rating update from Jefferies on January 20, with the firm downgrading the stock to Hold from a Buy and bringing the price target down to $180 from $220. The firm told investors that it sees limited re-rating potential for the shares in 2026, adding that the company’s competitor, British American Tobacco, is driving category growth in U.S. pouches while Japan Tobacco is “competing more assertively” in heated tobacco. Jefferies thus sees potential downside risk to the consensus estimate for Philip Morris International Inc. (NYSE:PM), supporting the downgrade.

Philip Morris International Inc. (NYSE:PM) is a holding company involved in delivering products to support a smoke-free future, including products outside of the nicotine and tobacco sector. The company’s operations are divided into the following geographical segments: Europe Region (Europe), South and Southeast Asia, Commonwealth of Independent States, Middle East, and Africa Region (SSEA, CIS, and MEA), East Asia, Australia, and PMI Duty Free Region (EA, AU, and PMI DF), and Americas Region (Americas).

While we acknowledge the potential of PM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PM and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.