PFE (Pfizer) How high will it go? Message Board

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Biotech / Medical : PFE (Pfizer) How high will it go?

PFE 25.07

-0.1%

3:59 PM EST

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To: BigKNY3 who wrote (3898)	7/3/1998 5:27:00 PM
From: BigKNY3	Read Replies (3) of 9523

Wow, I almost missed this in the same Andrew Barry Barron's article. A counter remark from Christina Heuer! BigKNY3 Christina Heuer, Smith Barney's drug analyst, says investors are overreacting to the Viagra prescription data. "People are missing the big picture. Pfizer has a brilliant outlook and phenomenal earnings momentum." A Viagra bull, Heuer estimates that sales of the drug will hit $2 billion next year and $5 billion worldwide in 2002. Pfizer, she says, will be powered by Viagra, Lipitor and Celebra, the first of a new class of drugs being developed to treat arthritis pain. Heuer, a long-time Pfizer fan, sees the company earning $2.15 a share this year, $2.70 in 1999. Her price target for the stock is $150 by the end of 1999.

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