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Schaeffer's Street Stories: After an Upgrade, Pfizer Inc. is Little Changed
CINCINNATI--([ BUSINESS WIRE ])--Some bullish news hit the Street today for blue chip pharmaceutical concern Pfizer Inc. (NYSE: PFE). Goldman Sachs removed PFE from its Americas Sell List. The brokerage firm said, "Pressure is mounting on management to do something big and soon."
"Almost regardless of what precisely this action is, we believe the stock would respond positively to a sign of positive, dramatic change at Pfizer," Goldman analyst Jami Rubin said in a note to investors. The firm upgraded the stock from "sell" to "neutral."
To continue reading this article, click here: [ http://www.schaeffersresearch.com/commentary/content/after+an+upgrade+pfizer+inc+is+little+changed/observations.aspx?click=home&ID=90439 ]
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