Nykredit A S Buys New Shares in Philip Morris International Inc. $PM

Nykredit A/S has acquired a new position in Philip Morris International Inc. (NYSE:PM), purchasing 121,802 shares valued at approximately $22 million during the second quarter. This move comes as other institutional investors have also adjusted their holdings in the tobacco giant, which boasts 78.63% institutional ownership. Analysts maintain a "Moderate Buy" rating for PM, with an average price target of $205.89, following the company's strong quarterly earnings, revenue growth, and an increase