11 min listen
Pfizer (PFE) Stock, Argus Research With A Buy Rating
FromSchwab Network
ratings:
Length:
5 minutes
Released:
Nov 5, 2021
Format:
Podcast episode
Description
The Pfizer (PFE) stock price is up about 32% year-to-date. Argus Research's David Toung says that they have a buy rating on the stock with a $55 price target. They see a stronger top-line growth over the next several years as investors are underestimating the sustainability of its Covid-19 vaccine franchise and its revenue contribution beyond 2021. Pfizer says that its Covid-19 pill cuts risk of hospitalization or death by 89%, and plans to submit its data to the FDA "as soon as possible."
Released:
Nov 5, 2021
Format:
Podcast episode
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