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BMO on Pfizer (PFE) and Trump Deal: 'Announcement serves as a positive to the BioPharma sector'

September 30, 2025 12:44 PM EDT

BMO Capital analyst Evan David Seigerman reiterated an Outperform rating and $30.00 price target on Pfizer (NYSE: PFE).

The analyst comments "Pfizer and Trump announcement looks to address push from Trump administration for MFN pricing in the US. President Trump's announcement with Pfizer appears to reduce the cost of products for Medicaid customers and form an agreement that new product launches will be listed at the MFN price. While commentary from the call suggests... More