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Altria Shares Pack Less Punch 

Credit Suisse downgraded the tobacco firm to Neutral.
Jump to full article: Barron's, 2009-09-21
Author: Credit Suisse ($17.95, Sept. 21, 2009)

Intro:

WE ARE DOWNGRADING Altria Group (ticker: MO) from Outperform to Neutral.

We are getting increasingly concerned about Altria's ability to balance profit and market share growth for Marlboro and are concerned that Marlboro prices will be lowered in the next few quarters. In moist smokeless tobacco (MST) we now believe that the return to growth for Copenhagen and Skoal will take longer than initially thought and might require additional pricing, which could reduce the profitability of the brands.

Prices for Marlboro and MST might have to be reduced.

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