MO
Altria Group (MO): PMI might be being added to the S&P 500 Index before the distribution date.
Tuesday, January 8th, 2008Our defensive stalwart - Altria’s (MO) shares continue to look undervalued relative to US and international tobacco company peers. The upcoming spin-off of PMI should convince the market to value the two pieces at least in line with respective peer groups. Goldman raised its 12-month price target to $89, reflecting the recent increase in […]


