Bullish

PFE

#PFE is going higher. Health Care sell off overdone

Bullbearadvisor May 18

Pfizer Inc. (NYSE: PFE) is a leading American multinational pharmaceutical and biotechnology corporation headquartered in New York City. Founded in 1849 by Charles Pfizer and Charles F. Erhart, the company has a long history of developing and manufacturing a wide range of healthcare products. Pfizer's portfolio includes well-known medications such as Zoloft, Xanax, Viagra, and Advil, as well as vaccines like the Pfizer-BioNTech COVID-19 vaccine. The company operates globally, focusing on areas including oncology, cardiology, immunology, and infectious diseases. In recent years, Pfizer has expanded its reach through strategic acquisitions, such as the purchase of Seagen in 2023 to bolster its oncology pipeline. Committed to improving global health, Pfizer launched the "Accord for a Healthier World" initiative, aiming to provide its full portfolio of medicines and vaccines on a not-for-profit basis to 45 lower-income countries. Wikipedia+1Wikipedia+1Investopedia+2Encyclopedia Britannica+2Wikipedia+2InvestopediaAccess to Medicine Foundation+1Time+1

Over the past 52 weeks, Pfizer's stock has reached a high of $31.54 and a low of $20.92. MarketWatch+11INDmoney+11SoFi+11

Regarding analyst opinions, based on recent data from MarketBeat, out of 15 analysts:MarketBeat

  • 3 have issued a "Strong Buy" rating,
  • 3 have issued a "Buy" rating,
  • 8 have issued a "Hold" rating, and
  • 1 has issued a "Sell" rating.Barchart.com

This results in a consensus rating of "Moderate Buy." Wikipedia+12MarketBeat+12Morningstar+12

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