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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

€23.45
0.280%
Pfizer Inc. gained 0.280% compared to yesterday.
We see a rather positive sentiment for Pfizer Inc. with 14 Buy predictions and 2 Sell predictions.
As a result the target price of 27 € shows a slightly positive potential of 15.14% compared to the current price of 23.45 € for Pfizer Inc..
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