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Stock impact report

Argus Turns Bullish on Pfizer (PFE), Highlights GLP-1 and Oncology Pipeline [Yahoo! Finance]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Pfizer Inc. (NYSE: PFE ) is included among the 14 Best Dividend Stocks to Invest in Under $50 Argus Turns Bullish on Pfizer (PFE), Highlights GLP-1 and Oncology Pipeline On March 2, Argus upgraded Pfizer Inc. (NYSE:PFE) to Buy from Hold. The firm set a $35 price target on the stock. Argus said it sees encouraging progress in the company's GLP-1 pipeline, along with what it described as “robust” programs in oncology and hematology. The analyst said these developments increase confidence in Pfizer's ability to grow both revenue and earnings in the period after 2028. Argus also pointed to the company's accelerated research and development efforts, the successful launch of new products, and additional bolt-on business development initiatives expected beyond that timeframe. Earlier, on February 24, Pfizer announced that the US Food and Drug Administration granted full approval to BRAFTOVI (encorafenib). The drug is used in combination with Erbitux (cetuximab) and fluorouracil-based Show less Read more
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