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Stock impact report

BofA Trims Pfizer (PFE) PT as COVID-19 Sales Slide and Obesity Focus Shifts to Metsera [Yahoo! Finance]

Pfizer, Inc. (PFE) 
Last pfizer, inc. earnings: 4/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
the firm's price target on Pfizer to $27 from $28 while keeping a Neutral rating on the shares. Pfizer's 2026 guidance revealed a steeper erosion of its COVID-19 franchise than previously projected, leading the firm to trim its near-term financial forecasts. The focus has now shifted to the company's obesity strategy; investors are awaiting trial results from the recently acquired Metsera assets to determine if they can successfully carve out a unique position in the high-growth weight-loss market. Additionally, on December 17, Pfizer and Astellas announced positive topline results from the Phase 3 EV-304 trial (KEYNOTE-B15). The study showed that the combination of PADCEV (enfortumab vedotin) and Keytruda (pembrolizumab) significantly improved both event-free survival and overall survival when used as a perioperative treatment (before and after surgery) for patients with muscle-invasive bladder cancer/MIBC. This trial specifically focused on patients eligible for cisplatin-based ch Show less Read more
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