Guggenheim Initiates Coverage On Pfizer with Buy Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Vamil Divan has initiated coverage on Pfizer (NYSE:PFE) with a Buy rating and set a price target of $36.
February 23, 2024 | 10:48 am
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Guggenheim analyst Vamil Divan initiated coverage on Pfizer with a Buy rating and a price target of $36.
The initiation of coverage by Guggenheim with a Buy rating and a specific price target of $36 suggests a positive outlook for Pfizer's stock. This recommendation is likely to influence investor sentiment positively in the short term, as analyst ratings from reputable firms often do. The setting of a price target above the current trading price can serve as a bullish signal to the market, potentially driving up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100