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flag Belpointe Asset Management sold part of its shares in Philip Morris International, which beat earnings expectations.

flag Belpointe Asset Management recently reduced its stock position in Philip Morris International (PM) by 1.7%, selling 280 shares and retaining 15,890 shares worth about $1.959 million. flag The stock has a "Moderate Buy" rating with an average target price of $145.44. flag Philip Morris International, valued at $245.18 billion, reported earnings of $1.55 per share, exceeding analyst expectations. flag The company is focusing on smoke-free products and portfolio evolution.

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