Pfizer (PFE) PT Raised to $59 at BofA Securities

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Pfizer (PFE) Stock: Cowen Sees Additional $50 Billion in 2022 Sales From Covid Vaccine and Oral Pill, Raises Price Target

December 20, 2021 8:56 AM EST

Cowen analyst Steve Scala raised the price target on Pfizer (NYSE: PFE) to $70.00 per share from the prior $56.00 to reflect raised estimates.

The analyst raised Comirnaty sales estimate to $35 billion (vs $31 billion previously) and established a Paxlovid sales forecast of $15 billion (vs $0 previously) in 2022. The company said earlier... More