Pfizer (PFE) Tops Q3 EPS by 9c

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Cowen Remains Positive as Pfizer (PFE) Reports a 3Q Beat and raise

October 27, 2015 4:23 PM EDT

Cowen reiterated an Outperform rating and $43.00 price target on Pfizer (NYSE: PFE) following the company's 3Q earnings results. Q3 sales of $12,087MM (-2%) were $527MM above consensus. EPS of $0.60 (+5%) was $0.09 ahead of consensus. 2015 EPS guidance was raised to $2.16-2.20 from prior $2.04-2.10 range.... More