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Pfizer stock price opened at $28.47 today, tracking broader pharma sector trends. Volume remains above the monthly average, hinting at sustained investor participation despite prevailing market uncertainties. Before diving in, a quick note on the Pfizer story so far. The pharma giant is the maker of the top selling coronavirus vaccine and a handful of other blockbusters across treatment areas. Those products helped the company reach a record of more than $100 billion in revenue back in 2022, but since that time, Pfizer has struggled with declining demand for its coronavirus vaccine and treatment and upcoming patent expiration of key products. Furthermore, Biegelsen expects Johnson & Johnsonâs revenue to expand by $3 billion more in 2027 than the current forecast estimate. The analyst also estimates the companyâs earnings per share could be 17.5 times higher by 2027. He, therefore, upgraded the stock to an Overweight rating, seeing these factors as an âattractive entry pointâ for the stock. The Pfizer stock price has edged up 0.7% in pre-market trading, driven by renewed interest in pharmaceutical equities following FDA updates. Traders note strong institutional buying patterns, which could push the price toward the $30 mark if bullish momentum continues this week.
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Pfizer Stock Price AI chip demand is still booming, especially in data centers and model training. As long as the AI wave continues, the stock has solid long-term upside potential.
The valuation looks high, but Pfizer Stock Price earnings growth seems to justify it. Short-term volatility aside, I’m still bullish in the long run.
The market might have priced in too much future growth already. Pfizer Stock Price stock could face some short-term correction after such a strong rally.
With the next-gen GPU lineup performing exceptionally well, continued enterprise demand could push Pfizer Stock Price to new all-time highs next year.
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