PMI: Board Appointment

Philip Morris International (PMI) appointed Victoria Harker, an experienced US public-company CFO, to its Board of Directors (effective January 1, 2024)1. This appointment is important & meaningful. In our recent "PMI: Not All Roses" write-up, we highlighted financial planning & reporting issues as a major buy-side concern for the PMI shares. Thanks to...

PMI: Not All Roses

Sell-side analysts believe that Philip Morris International (PMI)'s healthy business fundamentals and encouraging growth outlook aren't yet reflected in the share price. The average analyst target for PMI is around $114 - implying a 20% upside. Although the sell-side is pretty convinced, PMI share price struggles to break out to...

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