Swedish Match: Good Q1, But Upside Capped By Philip Morris Offer - Seeking Alpha

Swedish Match has jumped 33% since May 9, when takeover discussions with Philip Morris were disclosed. See why we downgraded our rating on Swedish Match stock.

fizkes/iStock via Getty Images Introduction We are downgrading our rating on Swedish Match AB (OTCPK:SWMAY) (referred here as "SWMA") from Buy to Hold. Shares have jumped 33% since May 9, when take… [+13234 chars]

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