Dernières nouvelles pour Philip Morris Intl (NYSE:PM) Stock

Philip Morris Intl

Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.

Philip Morris International Inc Common Stock

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<p>Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) will release its quarterly earnings report on Tuesday, 2024-10-22. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate Philip Morris Intl to report an <strong>earnings per share</strong> (EPS) of $1.82.</p>
<p>Philip Morris Intl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Past Earnings Performance</h3>
<p>The company's EPS beat by $0.02 in the last quarter, leading to a 1.72% increase in the share price on the following day.</p>
<p>Here's a look at Philip Morris Intl's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.57</td>
<td>1.41</td>
<td>1.45</td>
<td>1.61</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.59</td>
<td>1.50</td>
<td>1.36</td>
<td>1.67</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>2.0%</td>
<td>1.0%</td>
<td>0.0%</td>
<td>2.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729519331_0.png" alt="eps graph" /></p>
<h3>Performance of Philip Morris Intl Shares</h3>
<p>Shares of Philip Morris Intl were trading at $120.21 as of October 18. Over the last 52-week period, shares are up 32.17%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/PM/earnings"><strong>To track all earnings releases for Philip Morris Intl visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings

Philip Morris Intl Earnings Preview

<p>Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.</p>
<p>Analysts expect Philip Morris Intl to report an <strong>earnings per share</strong> (EPS) of $1.82.</p>
<p>Philip Morris Intl bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.</p>
<p>New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).</p>
<h3>Performance in Previous Earnings</h3>
<p>During the last quarter, the company reported an EPS beat by $0.02, leading to a 1.72% increase in the share price on the subsequent day.</p>
<p>Here's a look at Philip Morris Intl's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.57</td>
<td>1.41</td>
<td>1.45</td>
<td>1.61</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.59</td>
<td>1.50</td>
<td>1.36</td>
<td>1.67</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>2.0%</td>
<td>1.0%</td>
<td>0.0%</td>
<td>2.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729519331_0_0.png" alt="eps graph" /></p>
<h3>Market Performance of Philip Morris Intl's Stock</h3>
<p>Shares of Philip Morris Intl were trading at $120.21 as of October 18. Over the last 52-week period, shares are up 32.17%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. </p>
<p><a href="https://www.benzinga.com/quote/PM/earnings"><strong>To track all earnings releases for Philip Morris Intl visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


What's Next: Philip Morris Intl's Earnings Preview

<p>Philip Morris International Inc. (PMI) has been informed by its deconsolidated Canadian affiliate, Rothmans,Benson &amp; Hedges Inc. (RBH), that the court-appointed mediator and monitor in RBH's <i>Companies' Creditors Arrangement Act </i>(CCAA) proceeding filed a proposed plan of compromise and arrangement (Proposed Plan) outlining certain terms of a comprehensive resolution of tobacco product-related claims and litigation in Canada against RBH and its affiliates. The court-appointed mediator and monitors also filed substantially similar proposed plans for Imperial Tobacco Canada Limited and Imperial Tobacco Company Limited (together, ITL) and JTI-Macdonald Corp. (JTIM).</p>
<p>Under the Proposed Plan, if ultimately approved and implemented, RBH, ITL and JTIM (the Companies) would pay an aggregate settlement amount of CAD 32.5 billion (approximately USD 23.5 billion). This amount would be funded by an upfront payment equal to the Companies' cash and cash equivalents on hand in Canada plus certain court deposits (subject to an aggregate withholding of CAD 750 million (approximately USD 540 million) for working capital inclusive of cash pledged as collateral) and annual payments based on a percentage of the Companies' net income after taxes (excluding that generated by certain non-combustible products including heat-not-burn, e-vapor and nicotine pouch products) until the aggregate settlement amount is paid. As stated in the Proposed Plan, the issue of allocation of the CAD 32.5 billion aggregate settlement as between the Companies in the CCAA proceedings remains unresolved.</p>
<p><i>"After years of mediation, we welcome this important step towards the resolution of long-pending tobacco product-related litigation in Canada,"</i> said Jacek Olczak, Chief Executive Officer of PMI. "<i>Although important issues with the plan remain to be resolved,</i> <i>we are hopeful that this legal process will soon conclude, allowing RBH and its stakeholders to focus on the future."</i></p>


News

Legal

Philip Morris, Imperial Tobacco, JTI-Macdonald Face $23.5B Settlement in Canada Tobacco Lawsuits

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Philip Morris Intl</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PM, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 11 uncommon options trades for Philip Morris Intl.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 36% bullish and 36%, bearish.</p>
<p>Out of all of the special options we uncovered, 2 are puts, for a total amount of $134,680, and 9 are calls, for a total amount of $390,249.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $122.0 for Philip Morris Intl during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Philip Morris Intl's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Philip Morris Intl's whale activity within a strike price range from $100.0 to $122.0 in the last 30 days. </p>
<h3>Philip Morris Intl 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729106163_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$22.3</td>
<td>$21.9</td>
<td>$21.9</td>
<td>$100.00</td>
<td>$89.0K</td>
<td>2.5K</td>
<td style="text-align: right;">40</td>
</tr>
<tr>
<td>PM</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$2.95</td>
<td>$2.85</td>
<td>$2.9</td>
<td>$120.00</td>
<td>$87.0K</td>
<td>792</td>
<td style="text-align: right;">306</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$13.3</td>
<td>$12.9</td>
<td>$12.85</td>
<td>$110.00</td>
<td>$51.4K</td>
<td>6.4K</td>
<td style="text-align: right;">173</td>
</tr>
<tr>
<td>PM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$3.4</td>
<td>$3.2</td>
<td>$3.2</td>
<td>$122.00</td>
<td>$47.6K</td>
<td>33</td>
<td style="text-align: right;">149</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.0</td>
<td>$8.9</td>
<td>$8.9</td>
<td>$115.00</td>
<td>$40.0K</td>
<td>2.2K</td>
<td style="text-align: right;">224</td>
</tr>
</tbody>
</table>
</p>
<h3>About Philip Morris Intl</h3>
<p>Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.</p>
<p>After a thorough review of the options trading surrounding Philip Morris Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Philip Morris Intl's Current Market Status</h3>
<ul>
<li>With a volume of 1,346,167, the price of PM is up 0.27% at $120.74. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 6 days.</li>
</ul>
<h3>Professional Analyst Ratings for Philip Morris Intl</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $127.5.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Deutsche Bank persists with their Buy rating on Philip Morris Intl, maintaining a target price of $135.<br />
&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Buy rating on Philip Morris Intl with a target price of $132.<br />
&#x2A; Consistent in their evaluation, an analyst from UBS keeps a Sell rating on Philip Morris Intl with a target price of $103.<br />
&#x2A; An analyst from Goldman Sachs persists with their Buy rating on Philip Morris Intl, maintaining a target price of $140. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Philip Morris Intl with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Options

Markets

Smart Money Is Betting Big In Philip Morris Intl Options

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.</p>
<p>Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector.</p>
<h3 class="wp-block-heading"><strong>Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 9.16%</li>
<li><strong>Morgan Stanley </strong>analyst Erin Wright maintained an Underweight rating and cut the price target from $9 to $7 on Oct. 11. This analyst has an accuracy rate of 75%.</li>
<li><strong>Truist Securities </strong>analyst David Macdonald maintained a Hold rating and cut the price target from $13 to $10 on Oct. 7. This analyst has an accuracy rate of 74%</li>
<li><strong>Recent News:</strong> On Tuesday, Walgreens reported fourth-quarter fiscal year 2024 sales of $37.55 billion, up 6% year over year (+6.1% on constant currency), beating the consensus of $35.76 billion, reflecting sales growth across all segments.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1">latest WBA news</a>.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="913" height="841" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143111/image-127.png" alt="" class="wp-image-599050" style="width:538px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143111/image-127.png 913w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143111/image-127-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143111/image-127-768x707.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Conagra Brands, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 4.73%</li>
<li><strong>B of A Securities </strong>analyst Bryan Spillane maintained a Neutral rating and cut the price target from $34 to $33 on Oct. 3. This analyst has an accuracy rate of 65%.</li>
<li><strong>Evercore ISI Group </strong>analyst David Palmer maintained a Neutral rating and lowered the price target from $32 to $31 on July 12. This analyst has an accuracy rate of 68%.</li>
<li><strong>Recent News: </strong>On Oct. 2, ConAgra Brands reported worse-than-expected first-quarter financial results.</li>
<li>Benzinga Pro's real-time newsfeed alerted t<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1">o latest CAG news.</a></li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="903" height="835" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143147/image-128.png" alt="" class="wp-image-599053" style="width:648px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143147/image-128.png 903w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143147/image-128-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143147/image-128-768x710.png 768w" sizes="(max-width: 903px) 100vw, 903px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield: </strong>4.47%</li>
<li><strong>Goldman Sachs </strong>analyst Bonnie Herzog maintained a Buy rating and raised the price target from $126 to $140 on Sept. 26. This analyst has an accuracy rate of 69%.</li>
<li><strong>Barclays </strong>analyst Gaurav Jain maintained an Overweight rating and boosted the price target from $130 to $145 on Sept. 9. This analyst has an accuracy rate of 68%.</li>
<li><strong>Recent News: </strong>Philip Morris will host a live audio webcast on Tuesday, Oct. 22 to discuss its third-quarter results.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1">trend in PM stock</a>.  </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143219/image-129.png" alt="" class="wp-image-599056" style="width:696px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143219/image-129.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143219/image-129-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/16143219/image-129-768x716.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure></p>
<p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><br />
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<p></p></figure></p>
<p><strong>Read More:<a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h"> </a></strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/24/10/41358280/united-airlines-posts-upbeat-earnings-joins-morgan-stanley-u-s-bancorp-and-other-big-stocks-moving-h">United Airlines Posts Upbeat Earnings, Joins Morgan Stanley, U.S. Bancorp And Other Big Stocks Moving Higher On Wednesday</a></strong></li>
</ul>


Dividends

Price Target

Analyst Ratings

Trading Ideas

Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
<ul>
<li>Scotiabank raised <strong>FirstService Corporation </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSV#NASDAQ">FSV</a>) price target from $190 to $200. Scotiabank analyst Himanshu Gupta maintained a Sector Perform rating. FirstService shares closed at $184.78 on Monday. <a href="https://www.benzinga.com/quote/FSV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson boosted the price target for <strong>ACI Worldwide, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIW#NASDAQ">ACIW</a>) from $52 to $57. DA Davidson analyst Peter Heckmann maintained a Buy rating. ACI Worldwide shares closed at $52.66 on Monday. <a href="https://www.benzinga.com/quote/ACIW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS cut the price target for <strong>Philip Morris International Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) from $105 to $103. UBS analyst Faham Baig maintained a Sell rating. Philip Morris shares closed at $120.08 on Monday. <a href="https://www.benzinga.com/quote/PM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised <strong>The Sherwin-Williams Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHW#NYSE">SHW</a>) price target from $350 to $400. Wells Fargo analyst Michael Sison maintained an Equal-Weight rating. Sherwin-Williams shares closed at $384.16 on Monday. <a href="https://www.benzinga.com/quote/SHW/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital raised <strong>S&amp;P Global In</strong>c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) price target from $537 to $589. BMO Capital analyst Jeffrey Silber maintained an Outperform rating. S&amp;P Global shares closed at $527.52 on Monday. <a href="https://www.benzinga.com/quote/SPGI/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Truist Securities raised <strong>McDonald&#8217;s Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) price target from $295 to $350. Truist Securities analyst Jake Bartlett maintained a Buy rating. McDonald&#8217;s shares closed at $309.84 on Monday. <a href="https://www.benzinga.com/quote/MCD/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group raised the price target for <strong>Brinker International, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>) from $69 to $90. Evercore ISI Group analyst David Palmer maintained an In-Line rating. Brinker settled at $87.70 on Monday. <a href="https://www.benzinga.com/quote/EAT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler raised <strong>Viper Energy, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VNOM#NASDAQ">VNOM</a>) price target from $57 to $61. Piper Sandler analyst Mark Lear maintained an Overweight rating. Viper Energy shares closed at $51.97 on Monday. <a href="https://www.benzinga.com/quote/VNOM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer cut the price target for <strong>Zimmer Biomet Holdings, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZBH#NYSE">ZBH</a>) from $145 to $135. Oppenheimer analyst Steven Lichtman maintained an Outperform rating. Zimmer Biomet shares closed at $104.83 on Monday. <a href="https://www.benzinga.com/quote/ZBH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>TD Cowen cut <strong>SM Energy Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SM#NYSE">SM</a>) price target from $64 to $60. TD Cowen analyst Gabe Daoud upgraded the stock from Hold to Buy. SM Energy shares closed at $44.62 on Monday. <a href="https://www.benzinga.com/quote/SM/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
<p>Considering buying MCD stock? Here&#8217;s what analysts think:</p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15115425/image-119-1024x505.png" alt="" class="wp-image-596539" style="width:681px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15115425/image-119-1024x505.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15115425/image-119-300x148.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15115425/image-119-768x379.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/15115425/image-119.png 1331w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read More: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/earnings/24/10/41331971/how-to-earn-500-a-month-from-morgan-stanley-stock-ahead-of-q3-earnings">How To Earn $500 A Month From Morgan Stanley Stock Ahead Of Q3 Earnings</a></strong></li>
</ul>


ACIW

SPGI

VNOM

McDonald's To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Tuesday

<p>UBS  analyst Faham Baig   maintains Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) with a Sell and lowers the price target from $105 to $103.</p>


UBS Maintains Sell on Philip Morris Intl, Lowers Price Target to $103

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Philip Morris Intl</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PM, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 9 options trades for <strong>Philip Morris Intl</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 11% bullish and 55%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $62,880, and 8, calls, for a total amount of $323,222.</p>
<h3>Predicted Price Range</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $130.0 for Philip Morris Intl over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>In today's trading context, the average open interest for options of Philip Morris Intl stands at 1119.5, with a total volume reaching 1,188.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Philip Morris Intl, situated within the strike price corridor from $110.0 to $130.0, throughout the last 30 days.</p>
<h3>Philip Morris Intl Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1728579250_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$13.1</td>
<td>$12.9</td>
<td>$13.1</td>
<td>$130.00</td>
<td>$62.8K</td>
<td>81</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.3</td>
<td>$9.3</td>
<td>$115.00</td>
<td>$50.2K</td>
<td>2.5K</td>
<td style="text-align: right;">129</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.3</td>
<td>$9.4</td>
<td>$115.00</td>
<td>$47.0K</td>
<td>2.5K</td>
<td style="text-align: right;">279</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.4</td>
<td>$9.4</td>
<td>$115.00</td>
<td>$47.0K</td>
<td>2.5K</td>
<td style="text-align: right;">279</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.4</td>
<td>$9.4</td>
<td>$115.00</td>
<td>$47.0K</td>
<td>2.5K</td>
<td style="text-align: right;">179</td>
</tr>
</tbody>
</table>
</p>
<h3>About Philip Morris Intl</h3>
<p>Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.</p>
<p>After a thorough review of the options trading surrounding Philip Morris Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is Philip Morris Intl Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 1,378,848, the PM's price is down by -0.03%, now at $120.14. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 12 days.</li>
</ul>
<h3>What The Experts Say On Philip Morris Intl</h3>
<p>Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $135.66666666666666.</p>
<p><strong>Turn $1000 into $1270 in just 20 days?</strong></p>
<p>20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Deutsche Bank has decided to maintain their Buy rating on Philip Morris Intl, which currently sits at a price target of $135.<br />
&#x2A; Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Philip Morris Intl with a target price of $140.<br />
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on Philip Morris Intl, which currently sits at a price target of $132. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Philip Morris Intl with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Decoding Philip Morris Intl's Options Activity: What's the Big Picture?

<p>Citigroup  analyst Simon Hales   maintains Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) with a Buy and raises the price target from $118.5 to $132.</p>


Citigroup Maintains Buy on Philip Morris Intl, Raises Price Target to $132

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.</p>
<p>Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector.</p>
<h3 class="wp-block-heading"><strong>Walgreens Boots Alliance, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBA#NASDAQ">WBA</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 11.49%</li>
<li><strong>UBS </strong>analyst Kevin Caliendo maintained a Neutral rating and cut the price target from $17 to $12 on July 3. This analyst has an accuracy rate of 75%.</li>
<li><strong>RBC Capital </strong>analyst Ben Hendrix maintained a Sector Perform rating and slashed the price target from $22 to $13 on July 2. This analyst has an accuracy rate of 73%.</li>
<li><strong>Recent News:</strong> On Sept. 13, Walgreens Boots Alliance agreed to pay $106.8 million to settle allegations that it submitted false claims to government healthcare programs, violating the False Claims Act and state regulations.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1">latest WBA news</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="900" height="842" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072919/image-11.png" alt="" class="wp-image-578386" style="width:653px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072919/image-11.png 900w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072919/image-11-300x281.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072919/image-11-768x719.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>The Kraft Heinz Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KHC#NASDAQ">KHC</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 4.66%</li>
<li><strong>Wells Fargo </strong>analyst Chris Carey maintained an Equal-Weight rating and raised the price target from $34 to $35 on Aug. 1. This analyst has an accuracy rate of 63%.</li>
<li><strong>B of A Securities </strong>analyst Bryan Spillane maintained a Buy rating and cut the price target from $42 to $38 on July 10. This analyst has an accuracy rate of 64%</li>
<li><strong>Recent News: </strong>On July 31, Kraft Heinz reported better-than-expected second-quarter adjusted EPS results.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1"> latest KHC news</a>.</li>
</ul>
<p><figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="822" height="797" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072944/image-2-5.png" alt="" class="wp-image-578387" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072944/image-2-5.png 822w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072944/image-2-5-300x291.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03072944/image-2-5-768x745.png 768w" sizes="(max-width: 822px) 100vw, 822px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield: </strong>4.52%</li>
<li><strong>Goldman Sachs </strong>analyst Bonnie Herzog maintained a Buy rating and raised the price target from $126 to $140 on Sept. 26. This analyst has an accuracy rate of 71%.</li>
<li><strong>Barclays </strong>analyst Gaurav Jain maintained an Overweight rating and increased the price target from $130 to $145 on Sept. 9. This analyst has an accuracy rate of 66%.</li>
<li><strong>Recent News: </strong>Philip Morris International is expected to report results for its fiscal third quarter on Oct. 22.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1">trend in PM stock</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent100324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="908" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03073026/image-12.png" alt="" class="wp-image-578388" style="width:608px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03073026/image-12.png 908w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03073026/image-12-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/03073026/image-12-768x716.png 768w" sizes="(max-width: 908px) 100vw, 908px" /></a></figure></p>
<p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><br />
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="How to Find Dividend Stocks: Scan, Analyze, and Capture with Benzinga Pro" width="500" height="281" src="https://www.youtube.com/embed/pVF0O2lsEH4?start=1&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<p></p></figure></p>
<p><strong>Read More: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/24/10/41156151/wall-streets-most-accurate-analysts-give-their-take-on-3-consumer-stocks-delivering-high-dividend-yi">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields</a></strong></li>
</ul>


Long Ideas

Pre-Market Outlook

Wall Street's Most Accurate Analysts Spotlight On 3 Defensive Stocks Delivering High-Dividend Yields

<p>Deutsche Bank  analyst Damian McNeela   maintains Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) with a Buy and raises the price target from $118 to $135.</p>


Deutsche Bank Maintains Buy on Philip Morris Intl, Raises Price Target to $135

<p><strong>Philip Morris Intl's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) short percent of float has fallen 7.58% since its last report. The company recently reported that it has <strong>9.42 million shares sold short</strong>, which is 0.61% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 1.71 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>Philip Morris Intl Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727721913_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for Philip Morris Intl has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing Philip Morris Intl's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Philip Morris Intl's peer group average for short interest as a percentage of float is 2.19%, which means the company has <strong>less</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

Looking Into Philip Morris Intl's Recent Short Interest

<p>Goldman Sachs  analyst Bonnie Herzog   maintains Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) with a Buy and raises the price target from $126 to $140.</p>


Goldman Sachs Maintains Buy on Philip Morris Intl, Raises Price Target to $140

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Philip Morris Intl</strong>.</p>
<p>Looking at options history for Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) we detected 11 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 27% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $114,711 and 8, calls, for a total amount of $500,215.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $155.0 for Philip Morris Intl over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Philip Morris Intl's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Philip Morris Intl's whale activity within a strike price range from $70.0 to $155.0 in the last 30 days. </p>
<h3>Philip Morris Intl 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727294532_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$41.5</td>
<td>$40.8</td>
<td>$41.5</td>
<td>$80.00</td>
<td>$141.1K</td>
<td>275</td>
<td style="text-align: right;">35</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.5</td>
<td>$5.2</td>
<td>$5.4</td>
<td>$120.00</td>
<td>$81.0K</td>
<td>2.7K</td>
<td style="text-align: right;">290</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$21.7</td>
<td>$21.4</td>
<td>$21.6</td>
<td>$100.00</td>
<td>$75.6K</td>
<td>725</td>
<td style="text-align: right;">128</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$5.5</td>
<td>$5.2</td>
<td>$5.4</td>
<td>$120.00</td>
<td>$53.4K</td>
<td>2.7K</td>
<td style="text-align: right;">139</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$54.0</td>
<td>$51.2</td>
<td>$51.5</td>
<td>$70.00</td>
<td>$46.3K</td>
<td>72</td>
<td style="text-align: right;">10</td>
</tr>
</tbody>
</table>
</p>
<h3>About Philip Morris Intl</h3>
<p>Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.</p>
<p>After a thorough review of the options trading surrounding Philip Morris Intl, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of Philip Morris Intl</h3>
<ul>
<li>Currently trading with a volume of 4,557,848, the PM's price is up by 0.61%, now at $121.95. </li>
<li>RSI readings suggest the stock is currently is currently neutral between overbought and oversold.</li>
<li>Anticipated earnings release is in 27 days.</li>
</ul>
<h3>Expert Opinions on Philip Morris Intl</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $131.75.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Stifel persists with their Buy rating on Philip Morris Intl, maintaining a target price of $138.<br />
&#x2A; Maintaining their stance, an analyst from UBS continues to hold a Sell rating for Philip Morris Intl, targeting a price of $105.<br />
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Philip Morris Intl with a target price of $139.<br />
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Philip Morris Intl, targeting a price of $145. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Philip Morris Intl, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Philip Morris Intl Unusual Options Activity

<p>Tobacco giant <strong>Philip Morris International Inc. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>)<strong> </strong>invested $232 million to <a href="https://www.benzinga.com/markets/equities/24/08/40583658/philip-morris-invests-232m-to-expand-kentucky-facility-adding-450-jobs-and-boosting-production-f">expand its Kentucky facility</a>.<strong> </strong></p>
<p>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58aed4dcb85e9300013bf4da/bonnie-herzog">analyst Bonnie Herzog</a> expects the Marlboro parent company to report strong results for its fiscal third quarter on Oct. 22.</p>
<p>Herzog reiterated a Buy rating and raised the price target from $126 to $140.</p>
<p><strong>The Philip Morris International Thesis: </strong>The cigarette producer is likely to "comfortably reach" a 10% share of the U.S. combustible and heat-not-burn market by around 2030, Herzog wrote in a note.</p>
<p><strong>Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a></strong>.</p>
<p>The analyst listed Philp Morris's near-term catalysts as:</p>
<ul>
<li>iQOS momentum</li>
<li>Easing ZYN supply constraints</li>
<li>More favorable FX trends</li>
<li>Volume returning in key European markets as a result of the EU flavor ban</li>
</ul>
<p>Longer-term growth drivers include:</p>
<ul>
<li>iQOS entry into the U.S. market</li>
<li>ILUMA momentum</li>
<li>New ZYN capacity</li>
<li>Taiwan potentially opening</li>
</ul>
<p>"We estimate PM's currency-neutral revenue increased 7.6% in Q3 reflecting strong performance of iQOS and benefits from ZYN, although increased consumer elasticities remain a risk," Herzog added.</p>
<p><strong>PM</strong> <strong>Price Action:</strong> Shares of Philip Morris<strong> </strong>had risen by 0.21% to $121.47 at the time of publication on Wednesday.</p>
<p><strong>Read More: </strong></p>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40819256/x-gains-ground-as-facebook-slips-musk-closes-in-on-zuckerberg-in-social-media-face-off"><strong>Philip Morris International To Rally More Than 10%? Here Are 10 Top Analyst Forecasts For Wednesday</strong></a></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Analyst Color

Earnings Beats

Reiteration

Philip Morris Analyst Raises Forecasts Ahead Of Q3 Earnings, But 'Consumer Elasticities Remain A Risk'

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Philip Morris Intl</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PM, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 11 options trades for <strong>Philip Morris Intl</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 27% bullish and 45%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $89,100, and 10, calls, for a total amount of $459,325.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $125.0 for Philip Morris Intl over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Philip Morris Intl's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Philip Morris Intl's whale activity within a strike price range from $90.0 to $125.0 in the last 30 days. </p>
<h3>Philip Morris Intl 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727118933_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$12.5</td>
<td>$12.3</td>
<td>$12.37</td>
<td>$110.00</td>
<td>$92.7K</td>
<td>6.4K</td>
<td style="text-align: right;">81</td>
</tr>
<tr>
<td>PM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.8</td>
<td>$1.7</td>
<td>$1.8</td>
<td>$115.00</td>
<td>$89.1K</td>
<td>48</td>
<td style="text-align: right;">508</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/27/24</td>
<td>$11.0</td>
<td>$10.9</td>
<td>$10.95</td>
<td>$110.00</td>
<td>$85.4K</td>
<td>88</td>
<td style="text-align: right;">87</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/11/24</td>
<td>$6.3</td>
<td>$6.1</td>
<td>$6.18</td>
<td>$115.00</td>
<td>$46.3K</td>
<td>75</td>
<td style="text-align: right;">75</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$4.1</td>
<td>$4.0</td>
<td>$4.1</td>
<td>$120.00</td>
<td>$41.0K</td>
<td>152</td>
<td style="text-align: right;">106</td>
</tr>
</tbody>
</table>
</p>
<h3>About Philip Morris Intl</h3>
<p>Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.</p>
<h3>Present Market Standing of Philip Morris Intl</h3>
<ul>
<li>With a trading volume of 1,936,636, the price of PM is up by 0.16%, reaching $120.98.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 29 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Philip Morris Intl</h3>
<p>In the last month, 4 experts released ratings on this stock with an average target price of $131.75.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Philip Morris Intl, targeting a price of $145.<br />
&#x2A; An analyst from Stifel persists with their Buy rating on Philip Morris Intl, maintaining a target price of $138.<br />
&#x2A; An analyst from B of A Securities has decided to maintain their Buy rating on Philip Morris Intl, which currently sits at a price target of $139.<br />
&#x2A; An analyst from UBS persists with their Sell rating on Philip Morris Intl, maintaining a target price of $105. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Philip Morris Intl options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


A Closer Look at Philip Morris Intl's Options Market Dynamics

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Philip Morris Intl</strong>.</p>
<p>Looking at options history for Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) we detected 16 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 31% with bearish.</p>
<p>From the overall spotted trades, 2 are puts, for a total amount of $66,002 and 14, calls, for a total amount of $682,665.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $50.0 to $140.0 for Philip Morris Intl during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Philip Morris Intl's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Philip Morris Intl's significant trades, within a strike price range of $50.0 to $140.0, over the past month.</p>
<h3>Philip Morris Intl Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726603248_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$18.1</td>
<td>$15.6</td>
<td>$17.38</td>
<td>$110.00</td>
<td>$173.8K</td>
<td style="text-align: right;">688</td>
<td style="text-align: right;">130</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$1.3</td>
<td>$1.2</td>
<td>$1.3</td>
<td>$123.00</td>
<td>$99.9K</td>
<td style="text-align: right;">222</td>
<td style="text-align: right;">892</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$20.1</td>
<td>$19.4</td>
<td>$19.69</td>
<td>$110.00</td>
<td>$49.2K</td>
<td style="text-align: right;">688</td>
<td style="text-align: right;">25</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$9.8</td>
<td>$9.5</td>
<td>$9.8</td>
<td>$125.00</td>
<td>$49.0K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">47</td>
</tr>
<tr>
<td>PM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$19.4</td>
<td>$18.8</td>
<td>$19.4</td>
<td>$140.00</td>
<td>$38.8K</td>
<td style="text-align: right;">25</td>
<td style="text-align: right;">20</td>
</tr>
</tbody>
</table>
</p>
<h3>About Philip Morris Intl</h3>
<p>Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.</p>
<h3>Present Market Standing of Philip Morris Intl</h3>
<ul>
<li>With a trading volume of 4,202,134, the price of PM is down by -2.3%, reaching $123.07.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 30 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Philip Morris Intl</h3>
<p>Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $131.75.</p>
<ul>
<li>Maintaining their stance, an analyst from UBS continues to hold a Sell rating for Philip Morris Intl, targeting a price of $105. </li>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Philip Morris Intl, which currently sits at a price target of $139. </li>
<li>An analyst from Barclays has decided to maintain their Overweight rating on Philip Morris Intl, which currently sits at a price target of $145. </li>
<li>An analyst from Stifel persists with their Buy rating on Philip Morris Intl, maintaining a target price of $138. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Philip Morris Intl, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


What the Options Market Tells Us About Philip Morris Intl

<p>Vectura Fertin Pharma, Inc., an affiliate of Philip Morris International Inc. (PMI) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), today announces the sale of its subsidiary Vectura Group Ltd. (Vectura) to Molex Asia Holdings Ltd., and the establishment of master service agreements to develop Vectura Fertin Pharma&#39;s inhaled therapeutics proprietary pipeline. Vectura will be operated by Phillips Medisize, a Molex company. The sale includes upfront cash consideration of GBP 150 million, subject to customary purchase price adjustments, and potential deferred payments of up to GBP 148 million. The transaction is subject to customary closing conditions, including regulatory approval.</p>


Asset Sales

Philip Morris International's Vectura Fertin Pharma Announces Agreement For Sale Of Vectura Group To Molex; Terms Not Disclosed

Large Cap

General

Philip Morris Has Increased Its Regular Quarterly Dividend By 3.8% To An Annualized Rate Of $5.40 Per Share. New Quarterly Dividend Of $1.35 Per Share, Up From $1.30 Per Share, Is Payable On October 10, With A Record Date Of September 26

<p>Deep-pocketed investors have adopted a bullish approach towards Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PM usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 13 extraordinary options activities for Philip Morris Intl. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 46% leaning bullish and 23% bearish. Among these notable options, 2 are puts, totaling $612,600, and 11 are calls, amounting to $3,517,486.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $70.0 to $155.0 for Philip Morris Intl over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Philip Morris Intl's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Philip Morris Intl's whale activity within a strike price range from $70.0 to $155.0 in the last 30 days. </p>
<h3>Philip Morris Intl Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726081264_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$55.6</td>
<td>$54.9</td>
<td>$55.6</td>
<td>$70.00</td>
<td>$2.7M</td>
<td>531</td>
<td>505</td>
</tr>
<tr>
<td>PM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$2.1</td>
<td>$1.95</td>
<td>$1.95</td>
<td>$115.00</td>
<td>$585.0K</td>
<td>1.6K</td>
<td>3.0K</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$30.9</td>
<td>$30.3</td>
<td>$30.9</td>
<td>$95.00</td>
<td>$309.0K</td>
<td>1.3K</td>
<td>130</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$1.9</td>
<td>$1.85</td>
<td>$1.92</td>
<td>$155.00</td>
<td>$76.4K</td>
<td>1</td>
<td>442</td>
</tr>
<tr>
<td>PM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$13.6</td>
<td>$11.6</td>
<td>$12.5</td>
<td>$120.00</td>
<td>$75.0K</td>
<td>1.9K</td>
<td>0</td>
</tr>
</tbody>
</table>
</p>
<h3>About Philip Morris Intl</h3>
<p>Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heatsticks, vapes, and oral nicotine offerings primarily outside of the US. With the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI has not only diversified away from smokeable products but also gained a toehold into the US to sell its iQOS heatsticks.</p>
<p>Following our analysis of the options activities associated with Philip Morris Intl, we pivot to a closer look at the company's own performance.</p>
<h3>Philip Morris Intl's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,285,746, with PM's price down by -0.09%, positioned at $126.63.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 36 days.</li>
</ul>
<h3>What The Experts Say On Philip Morris Intl</h3>
<p>5 market experts have recently issued ratings for this stock, with a consensus target price of $131.4.</p>
<ul>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Philip Morris Intl, which currently sits at a price target of $139. </li>
<li>An analyst from Barclays has decided to maintain their Overweight rating on Philip Morris Intl, which currently sits at a price target of $130. </li>
<li>An analyst from Stifel persists with their Buy rating on Philip Morris Intl, maintaining a target price of $138. </li>
<li>Maintaining their stance, an analyst from UBS continues to hold a Sell rating for Philip Morris Intl, targeting a price of $105. </li>
<li>An analyst from Barclays persists with their Overweight rating on Philip Morris Intl, maintaining a target price of $145. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Philip Morris Intl, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Looking At Philip Morris Intl's Recent Unusual Options Activity

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