Pfizer lifts profit forecast as investors await turnaround

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Pfizer (PFE) PT Raised to $34 at Goldman Sachs

July 31, 2024 5:20 AM EDT

Goldman Sachs analyst Chris Shibutani raised the price target on Pfizer (NYSE: PFE) to $34.00 (from $31.00) while maintaining a Buy rating.

The analyst comments "Relative outperformance on the day (+2% vs. flat XLV) appears warranted in our view given solid 2Q results... More