BTIG starts Philip Morris International with a Buy rating, expecting strong Q2 earnings and 3.05% dividend yield.

Analyst firm BTIG initiated a Buy rating on Philip Morris International, with the stock trading at $188.04. They project strong Q2 earnings of $2.05 per share and revenue growth to $10.64 billion, up from last year. The company also offers an attractive annual dividend yield of 3.05%, paying $1.47 per share quarterly. Despite a recent 2.43% daily price drop, the positive outlook reflects confidence in Philip Morris's financial performance and dividend appeal.