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7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More
Monday, May 23, 2022 - 5:49pm | 1055The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay...
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6 S&P 500 Dividend Stocks To Buy With 4% Yields: AT&T, IBM And More
Tuesday, April 19, 2022 - 3:01pm | 884When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock. The S&P 500 average dividend yield is currently 1.4%, but there are a handful of quality S&P 500 stocks with dividend yields above 4%....
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3 Cannabis Bills Investors Should Watch In 2022
Wednesday, January 5, 2022 - 4:33pm | 559Cannabis stocks took a beating in 2021, in large part due to the lack of progress on U.S. cannabis reform. Investors had high hopes after Democrats secured control of the White House and both houses of Congress in the November 2020 election, but Bank of America analyst Lisa Lewandowski said...
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BofA: Cannabis Legalization A Key Issue In 2020 US Presidential Election
Wednesday, July 15, 2020 - 10:59am | 651Cannabis legalization will likely be an important issue for the U.S. presidential election of 2020. That's according to a research report by Bank of America Securities analysts Bryan Spillane and Lisa Lewandowski. However, the COVID-19 pandemic could put the debate on hold, they said. The...
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Why Some Think Cannabis Will Thrive Even As GDPs Plunge
Saturday, April 11, 2020 - 11:20am | 441Businesses have ground to a halt in deference to stay-at-home orders, and even some essential operations have lost their workforce to fear of the coronavirus. With operations at a standstill, revenue-less companies are beginning to furlough employees. Unemployment is rising in the U.S. and Canada....
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Why Cannabis Stocks Need To Go 'Beyond Flower'
Thursday, February 27, 2020 - 11:19am | 386Almost as soon as marijuana got the green light in Canada, investors were looking toward “cannabis 2.0” — edibles, concentrates, topicals, beverages. Bank of America analysts Christopher Carey and Lisa Lewandowski suspect that 89% of cannabis sector value is in these categories...
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Altria Analysts Dissect Q3 Print, Juul Writedown
Friday, November 1, 2019 - 3:17pm | 443Tobacco company Altria Group Inc (NYSE: MO)'s third-quarter print was viewed favorably by at least two Street analysts. The Analysts Bank of America Merrill Lynch analyst Lisa Lewandowski maintained a Buy rating on Altria with a $54 price target. Deutsche Bank analyst Steve Powers...
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Analyst Upgrades Philip Morris As Vaping Oversight Looms
Tuesday, October 1, 2019 - 10:50am | 429Philip Morris International Inc. (NYSE: PM) shares are down 12.8% in the past six months on persistent rumors of a merger with Altria Group Inc (NYSE: MO) and a wave of new controversy over vaping. However, Philip Morris got an upgrade on Tuesday as one analyst said the stock’s valuation and...
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Bank Of America Raises Altria Price Target Despite FDA Risk
Wednesday, March 20, 2019 - 12:24pm | 409Altria Group Inc (NYSE: MO) plunged Tuesday after Food and Drug Administration Commissioner Scott Gottlieb said he's concerned about the slow pace of efforts to curb youth smoking. One market bull bought on the news. The Analyst Bank of America Merrill Lynch analyst Lisa...
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Gottlieb's Departure Creates Uncertainty For Tobacco, Biopharma, Cannabis Industries
Wednesday, March 6, 2019 - 3:01pm | 725Scott Gottlieb’s coming departure as head of the Food and Drug Administration means uncertainty for tobacco companies, drug makers and the cannabis industry — though whether it will be a positive or negative development depends on who replaces him, analysts said Wednesday. Gottlieb...
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Analysts: Altria And Cronos Make A Good Team
Tuesday, December 4, 2018 - 2:31pm | 520Tobacco giant Altria Group Inc. (NYSE: MO) is interested in a buyout of Canadian cannabis company Cronos Group, Inc. (NASDAQ: CRON). Wall Street analysts see Altria and Cronos as a compelling team. Risk And Reward Morgan Stanley analyst Pamela Kaufman said Cronos could provide Altria with a much-...
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UPDATE: Bank Of America Downgrades Philip Morris International Inc.
Friday, September 26, 2014 - 8:55am | 146In a note released early Friday morning, Bank of America analyst Lisa Lewandowski downgraded shares of Philip Morris International Inc. (NYSE: PM) from Buy to Neutral and cut the price objective from $91 to $87. Lewandowski explained since 100 percent of the company's sales are outside the...
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Bank Of America Bullish On Shares Of Altria Group Inc
Friday, September 26, 2014 - 8:36am | 142Analysts at Bank of America upgraded shares of Altria Group Inc (NYSE: MO) to a Buy rating and raised the price target to $50. Analysts find the tobacco industry is currently in good position as a whole; Lisa Lewandowski highlighted several reasons why shares of Altria Group offer potential...
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British American Tobacco Looks At Possible M&A Deals With Reynolds, Lorillard
Monday, May 12, 2014 - 2:37pm | 744The Times of London on Monday reported that British American Tobacco (NYSE: BTI), Britain's largest tobacco group, asked Deutsche Bank to work with UBS regarding possible financial deals in the United States. The article stated that British American Tobacco hired the banker to advise the...