Citi On MO Expected Earnings

Citi has issued a report in anticipation on Altria Group's MO earnings reports. According to the report, "In 2Q11, we expect that MO's net sales (excluding excise taxes) will increase 1.5% YoY, while core sales (excluding excise taxes, MSA payments and FDA fees) are projected to increase 1.6%." MO has a Hold Rating and a $26 Price Target. MO is currently trading at $26.70 a share.