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Pfizer exceeded earnings and revenue forecasts, despite AIA Group reducing its stock position.
AIA Group Ltd reduced its Pfizer stock position by 24.7%, holding 192,004 shares valued at $5.1 million.
Pfizer reported earnings per share of $0.63, surpassing estimates by $0.15, with revenue of $17.76 billion, also beating forecasts.
The company's stock is valued at $142.93 billion with a P/E ratio of 17.87 and a beta of 0.61.
Analysts predict Pfizer will post 2.95 earnings per share this year, with a consensus price target of $31.92.
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Pfizer superó las previsiones de ingresos y ganancias, a pesar de que AIA Group redujo su posición de stock.