[at Barrons.com] – Philip Morris (PM), the maker of Marlboro cigarettes, lowered its 2013 guidance by 10 cents to $5.35-5.40, on flat revenue growth and difficult Asian markets. Morgan Stanley seems to be not concerned, saying these country-specific issues will fade away, and has a price target of $92 on the stock. Philip Morris last traded at $90. Here are analysts David J. Adelman, Matthew Grainger, and John Colantuoni: The Philippines remains PM’s most acute … [visit site to read more]
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