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flag Despite beating earnings and revenue forecasts, Pfizer's stock dropped 3.9% after analyst downgrades.

flag Pfizer's stock fell 3.9% to $21.61 on Thursday despite beating earnings and revenue forecasts. flag Analysts from HSBC and Citigroup downgraded their ratings to "neutral," while others maintained "buy" ratings. flag Nicolet Bankshares and Glass Jacobson Investment Advisors both reduced their holdings in the company. flag Pfizer's earnings were $0.63 per share, exceeding estimates by $0.15, and revenue was $17.76 billion.

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