Pfizer Completes Acquisition of Medivation

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UBS Reiterates Buy on Pfizer (PFE) Following a Meeting with Management

September 30, 2016 11:01 AM EDT

UBS reiterated a Buy rating and $38.00 price target on Pfizer (NYSE: PFE) following a meeting with management. The main topics included the recent decision not to break up, M&A/BD strategy, expenses/operating leverage and CNS remaining an attractive therapeutic area for research.

A UBS analyst commented, "Without... More