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Goldman Sachs has labeled the new contract manufacturing agreement between Philip Morris and Altria as a major strategic win-win for both companies. The agreement significantly enhances Altria's import and export volumes while capitalizing on essential double duty drawback benefits through 2027. Backed by robust operational efficiency, Seeking Alpha's quant ratings have flagged Philip Morris as a buy, complementing Goldman Sachs' reiteration of their buy rating and a 12-month price target of $220.
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