BofA Securities made an adjustment to the price target for Altria stock, bringing it down to $61 from the previous $65, while still maintaining a Buy rating on the shares. This change was announced by BofA Securities analyst Lisa Lewandowski,
Shares of Altria Group dipped 0.3% to $52.51. The cigarette manufacturer reported earnings of $1.29 a share on revenue of $5.1 billion, in line with FactSet consensus estimates. F
A government website shows the Trump administration has withdrawn the Food and Drug Administration’s proposed ban of menthol-flavored
Q4 2024 Earnings Call Transcript January 30, 2025 9:00 AM ETCompany ParticipantsMac Livingston - Vice President of
Altria Group Inc (MO) reports robust earnings growth and shareholder returns, while navigating the complexities of the illicit e-vapor market.
Is there any ban on menthol cigarettes in US? The Food and Drug Administration had in April 2022 proposed to ban the sale of menthol cigarettes and flavored cigars, but its implementation was delayed several times by the Biden administration, as per a report.
Shares of cigarette makers gained on the news Friday, with Altria Group Inc. rising ... groups lobbied against the ban. While the Food and Drug Administration’s proposal was intended to improve ...
The Trump administrations removed FDA's plan to ban menthol cigarettes. The Biden administration did not finalize the rule amid opposition.
By Sarah Ladd Kentucky Lantern The American Lung Association gave Kentucky mostly failing grades when it comes to preventing tobacco use — and helping people access recovery — in a 2025 report released Wednesday.
Biden faces backlash for failing to ban menthol cigarettes, sparking public health concerns and debate over tobacco industry influence.
Altria Group Inc.’s stock fell Thursday after the tobacco giant said it continues to face the challenge of counterfeit products in the rapidly growing vape market. But the company narrowly beat Wall Street’s fourth-quarter earnings projections.
Altria estimated the U.S. e-cigarette market grew 30% in 2024, driven mostly by "illicit disposable products" that represent 60% or more of the category even though they lack the required regulatory authorisations.