Morgan Stanley lowered the price target for the Altria Group Inc. (NYSE:MO) stock from ‘an Underweight’ to ‘an Equal-weight’. The rating was released on June 24, 2023, according to finviz. We previously noted in another research note published on June 08, 2023 by Morgan Stanley that downgraded the stock from an Equal-weight to an Underweight with a price target of $50 for MO stock. The research report from Bernstein has downgraded the stock from Outperform to Mkt Perform, with a price target set at $53.
Are Altria Group Inc.’s (MO) stock prices rising too high?
