This Is What Whales Are Betting On Pfizer
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Pfizer (NYSE:PFE), with 53% of recent trades being bearish and 46% bullish. The majority of trades are puts, totaling $697,166, compared to calls totaling $459,174. Whales have been targeting a price range from $25.0 to $37.5 for Pfizer over the last 3 months. Pfizer's current price is $34.16, down 0.34%. Cantor Fitzgerald has downgraded Pfizer to Overweight with a price target of $75.
September 08, 2023 | 5:01 pm
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Pfizer has seen a bearish stance from a significant investor, with the majority of recent trades being puts. The targeted price range is $25.0 to $37.5. The current price is $34.16, down 0.34%. Cantor Fitzgerald has downgraded Pfizer to Overweight with a price target of $75.
The bearish stance from a significant investor, majority of trades being puts, and the downgrade from Cantor Fitzgerald could negatively impact Pfizer's stock price in the short term.
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