Jump to full article: AP, 2008-04-01
Intro: Shares of Altria Group Inc. dropped Tuesday after a Morgan Stanley analyst downgraded the stock on its first trading day after spinning off its Philip Morris international business.
Shares fell 98 cents, or 4.4 percent, to $21.22 in afternoon trading.
Analyst David J. Adelman lowered his rating to "Equal Weight" from "Overweight" and said in a note to investors that that the company's prospects for outperformance have diminished.
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