Analysts Defend Tobacco Names Following FDA's Menthol Report, See Ban as Unlikely
July 23, 2013 at 14:33 PM EDT
Several analysts are defending stocks in the Tobacco group Tuesday following an earlier comment from the FDA that menthol cigarettes likely have a "public health impact." Stocks in the sector are trading lower amid the concern. Altria (NYSE: MO ) shares are down 2.4 percent, Reynolds American (NYSE:
