Pfizer's new tax rate higher than investors hoped, shares fall

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Go back to Pfizer's new tax rate higher than investors hoped, shares fall

Pfizer (PFE) PT Raised to $44 at Bernstein on 4Q Beat; 'Lower than Expected Tax Rate... Decent 2018 Guidance'

January 31, 2018 8:58 AM EST

Bernstein raised its price target on Pfizer (NYSE: PFE) to $44.00 (from $43.00) while maintaining a Outperform rating, following the company's fourth quarter earnings report.

Analyst Tim Anderson notes an increased price target on the shares, as PFE reported fourth quarter earnings per share and revenue... More

Pfizer (PFE) PT Raised to $42 at Deutsche Bank Following 4Q

January 31, 2018 7:39 AM EST

Deutsche Bank raised its price target on Pfizer (NYSE: PFE) to $42.00 (from $41.00) while maintaining a Buy rating following 4Q. PFE reported 4Q EPS of $0.62, well above consensus of $0.56. Revenue came in just above estimates, while gross margin was lower and operating expenses were... More