Merrill Lynch Upgrades Pfizer (PFE) to Buy

October 8, 2008 7:23 AM EDT

Merrill Lynch upgrades Pfizer (NYSE: PFE) from Underperform to Buy, citing the company's dividend yield and business.

Pfizer's dividend yield is currently 6.8%.

Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals worldwide.


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