Reynolds American (RAI)

Shares of cigarette maker Reynolds American Inc. rose Friday after Citigroup analyst Adam Spielman upgraded the stock to a "Buy" based on projections of profit and dividend growth. The analyst raised his target price on the stock to $59.
Reynolds American, based in Winston-Salem, N.C., is the second-biggest U.S. cigarette maker after Marlboro-maker Altria Group Inc. Reynolds makes brands such as Camel, Kool, Misty, Capri and others.

Dec 4 · 3:07:00 PM · Source: Seattle Post Intelligencer
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by Rich Pike