No upgrades? Are the analysts confused?
The last positive analyst report was in 2012 and yet many of my research indicates that LO will easily hit the price target of $45 before the end of the year. If they announce a dividend increase and come anywhere near what Altria just reported, the stock should pop to $42 on the 13th. I have seen some big bulk buying the last few days. One big one in after hours tonight for over 450k shares. The options have finally kicked in where I am up over 40 percent on the 40 strike prices for Feb and March and up over 22% for the 45 strike price in January.
Sentiment: Strong Buy