Morgan Stanley Comments on Profits at Philip Morris International

Morgan Stanley has published a research report on Philip Morris International Inc PM covering the profit acceleration at the company. In the report, Morgan Stanley wrote, "Recognize that faster growth occurred despite a more challenging global economic environment and a general deterioration in global (e.g., international excluding China) volume trends, and has not been driven by real access to the extremely attractive Chinese market." Morgan Stanley rated Philip Morris International an Overweight with a price target of $75.00. Philip Morris International closed Friday at $66.63.