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Sunflower Bank increased its investment in Philip Morris, which reported strong earnings and revenue growth.
Sunflower Bank N.A.
increased its stake in Philip Morris International (PM) by 3.3%, holding 2,590 shares valued at $411,000.
The company reported $1.69 earnings per share, exceeding analyst estimates, and revenue of $9.30 billion, up 5.8% year-over-year.
PM has a market cap of $282.93 billion and a consensus "Moderate Buy" rating with a target price of $175.30.
The company aims to deliver a smoke-free future with its product portfolio including cigarettes and smoke-free alternatives.
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Sunflower Bank incrementó su inversión en Philip Morris, que reportó fuertes ganancias y crecimiento de ingresos.