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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.74+0.9%12:04 PM EST

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To: Brian Malloy who wrote (7868)6/10/1999 11:34:00 AM
From: Anthony Wong  Read Replies (3) of 9523
 
Analysts ratings issued on PFE today:

maintained ''hold'' by analyst James A. Kelly at Credit Suisse First
Boston Inc.

reiterated ''neutral'' by analyst Jami Rubin at Morgan Stanley Dean Witter.

downgraded to ''neutral'' from ''buy'' by analyst Christina Heuer at
Salomon Smith Barney. The 12-month target price is $105.00 per share. The
price target was cut to $105 from $150 per share.

maintained ''hold'' by analyst James E. Flynn at ING Baring Furman Selz
LLC.

maintained ''buy'' by analyst Jeffrey Chaffkin at PaineWebber Inc.
The 12-month target price is $143.00 per share.

maintained ''neutral'' by analyst C. Anthony Butler at Lehman Brothers.
The 12-month target price is $130.00 per share.

maintained ''hold'' by analyst Mara Goldstein at CIBC World Markets Inc..

maintained ''buy'' by analyst Jerome R. Brimeyer at Warburg Dillon Read
Inc.. The 12-month target price is $140.00 per share.

maintained ''attractive'' by analyst Patricia L. Bank at Vector Securities
International.

maintained ''strong buy'' by analyst Stephen Scala at SG Cowen.
The 12 to 18-month target price is $ 125 per share.

downgraded to ''hold'' from ''buy'' by analyst Leonard S. Yaffe Md at Banc
of America Securities.

maintained short-term ''neutral'' by analyst Michael Krensavage at Brown
Brothers Harriman & Co. The long-term rating is also ''neutral.''

From Bloomberg:
quote.bloomberg.com

Lehman Brothers said Thursday that analyst Anthony Butler cut his earnings estimate for Pfizer Inc. for 1999 to $2.44 a share from $2.46.

-- cut his estimate for 2000 to $2.92 from $2.95.

-- lowered sales estimates for the Pfizer antibiotic Trovan for 1999 to $190 million from $370
million.

-- lowered sales estimates for Trovan for 2000 to $325 million from $600 million.

-- Pfizer said Wednesday it would tell doctors to limit the use of Trovan because of reports
indicating it may harm the liver.

biz.yahoo.com
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