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Despite beating earnings and revenue forecasts, Pfizer's stock dropped 3.9% after analyst downgrades.
Pfizer's stock fell 3.9% to $21.61 on Thursday despite beating earnings and revenue forecasts.
Analysts from HSBC and Citigroup downgraded their ratings to "neutral," while others maintained "buy" ratings.
Nicolet Bankshares and Glass Jacobson Investment Advisors both reduced their holdings in the company.
Pfizer's earnings were $0.63 per share, exceeding estimates by $0.15, and revenue was $17.76 billion.
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A pesar de superar las ganancias y las previsiones de ingresos, las acciones de Pfizer cayeron un 3,9% después de que los analistas bajaran de categoría.