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Why Pfizer Stock Tumbled on Tuesday


On the second trading day of the week, (NYSE: PFE) was a laggard on the stock exchange. An analyst reiterated his bearish view of the stock, and more than a few investors were obviously convinced by the argument. That pushed the shares down by more than 2% that market session.

The pundit behind the new Pfizer note was RBC Capital's Trung Huynh. Before market open, he published an update centered on his underperform (sell, in other words) recommendation and $25 per share price target.

Image source: Getty Images.

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Source Fool.com

Pfizer Inc. Stock

€23.26
-1.130%
We can see a decrease in the price for Pfizer Inc.. Compared to yesterday it has lost -€0.265 (-1.130%).
With 14 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 16.1% for Pfizer Inc. compared to the current price of 23.26 €.
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