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Traderzz

12/14/09 1:57 PM

#177288 RE: Traderzz #177287

Philip Morris International Inc. (PM:US) added 3 percent to $49.95 and advanced 3.7 percent earlier, the most intraday since July 23. The largest U.S. tobacco company was added to Goldman Sachs’ “conviction buy-list” with a 12-month price target of $62. Goldman said investors are underestimating the growth prospects of the tobacco company.