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Downgrades: ASML, PM, MOT
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Downgrades: ASML, PM, MOT
Nomura downgraded shares of Philip Morris (PM) this morning from Buy to Neutral as the firm believes the current share price has fully realized the positive fundamentals derived from the spin off from the Altria Group (MO).  Despite the downgrade, the firm believes Philip Morris has outperformed peers this year and made strong gains to market share since the spin off last year.
Video Length: 0
Date Found: July 16, 2009
Date Produced: July 16, 2009
View Count: 0
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