Pharma industry laments Trump's tariff on branded drugs [Yahoo! Finance]
Pfizer, Inc. (PFE)
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Source: Yahoo! Finance
country, as trade bodies and analysts begin to dissect the economic consequences of the latest blanket levies. On 2 April, President Donald Trump announced a 100% tariff on patented pharmaceutical products and ingredients. The tariffs, imposed under section 232, will come into effect 120 days after the order for certain large companies, and 180 days for smaller companies. The tariff is an answer to the US administration's stance that the country is over-reliant on pharmaceutical imports, which, according to Secretary of Commerce Howard Lutnick, threatens national security. In a statement, John Crowley, CEO of the Biotechnology Innovation Organization (BIO), said: “The reality is that any tariffs on America's medicines will raise costs, impede domestic manufacturing, and delay the development of new treatments – all while doing nothing to enhance our national security.” There are nuances within the wide-ranging policy. Companies that have pledged to onshore production of products
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PFE
News
- Pfizer (PFE) is now covered by CICC Research. They set an "outperform" rating on the stock.MarketBeat
- UBS Adjusts Pharma Outlook, Increases Pfizer (PFE) Price Target [Yahoo! Finance]Yahoo! Finance
- Pfizer (PFE) had its price target raised by UBS Group AG from $25.00 to $27.00. They now have a "neutral" rating on the stock.MarketBeat
- Pfizer (PFE) had its price target raised by Morgan Stanley from $27.00 to $28.00. They now have an "equal weight" rating on the stock.MarketBeat
- Pfizer (PFE) had its price target lowered by Bank of America Corporation from $27.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
PFE
Earnings
- 2/3/26 - Beat
PFE
Sec Filings
- 4/16/26 - Form 4
- 4/10/26 - Form 3
- 4/1/26 - Form 4
- PFE's page on the SEC website