Venezuela uses distressed bonds to settle debts with drugmakers

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Go back to Venezuela uses distressed bonds to settle debts with drugmakers

Jefferies Cuts Price Target on Pfizer (PFE) to $42; Reiterates Buy

March 8, 2016 8:41 AM EST

Jefferies maintained a Buy rating on Pfizer (NYSE: PFE), and cut the price target to $42.00 (from $45.00). Jefferies updated their model following the Form S-4 filing for certain LOE assumptions, as well as some fine-tuning on stand-alone operating costs and tax rate assumptions in the... More