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Why Pfizer Stock Dropped Today


Pfizer (NYSE: PFE) stock gave up 3.3% through 10:50 a.m. ET Tuesday despite delivering an earnings beat this morning.

Analysts forecast the pharmaceuticals giant would earn $0.57 per share on $16.8 billion in Q4 sales. Pfizer actually earned $0.66 (adjusted for one-time items) on sales of $17.6 billion.

Image source: Getty Images.

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Source Fool.com

Pfizer Inc. Stock

€23.22
0.450%
The Pfizer Inc. stock is trending slightly upwards today, with an increase of €0.11 (0.450%) compared to yesterday's price.
With 12 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 27 € there is a slightly positive potential of 16.3% for Pfizer Inc. compared to the current price of 23.22 €.
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