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Citi Reaffirms Their Hold Rating on Pfizer (PFE)

Citi Reaffirms Their Hold Rating on Pfizer (PFE)

Globe and Mail15-04-2025

In a report released today, Geoff Meacham from Citi maintained a Hold rating on Pfizer (PFE – Research Report), with a price target of $23.00. The company's shares closed yesterday at $22.12.
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According to TipRanks, Meacham is a 3-star analyst with an average return of 0.5% and a 48.33% success rate. Meacham covers the Healthcare sector, focusing on stocks such as Eli Lilly & Co, Pfizer, and Merck & Company.
In addition to Citi, Pfizer also received a Hold from Bank of America Securities's Tim Anderson in a report issued yesterday. However, on the same day, Jefferies maintained a Buy rating on Pfizer (NYSE: PFE).
Based on Pfizer's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $17.76 billion and a net profit of $410 million. In comparison, last year the company earned a revenue of $14.25 billion and had a GAAP net loss of $3.34 billion
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is neutral on the stock. Last month, JENNIFER B. DAMICO, the SVP & Controller of PFE sold 3,249.00 shares for a total of $84,373.90.

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