Analysts predict a rebound for Philip Morris' shares with it...

Analysts predict a rebound for Philip Morris' shares with its Q4 earnings report. The company's shift towards higher-margin smokeless products like IQOS could offset traditional cigarette sales decline and enhance profitability. Goldman Sachs analyst Bonnie Herzog foresees a potential upside surprise to both top and bottom line results and anticipates attractive 2024 growth guidance. The stock is deemed cheap at its current trading level.