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Pfizer's stock rose after reporting Q4 earnings and revenue that beat analysts' estimates.
Pfizer's stock rose 1.2% to $22.18 on Monday, after the biopharmaceutical company reported Q4 earnings of $0.63 per share, beating analyst estimates by $0.15, and revenue of $17.76 billion, surpassing expectations by $500 million.
The stock has a "Moderate Buy" rating and a $31.07 price target.
Institutional investors have been increasing their stakes in the company, with Belpointe Asset Management and Savvy Advisors Inc. both adding shares in the fourth quarter.
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Las acciones de Pfizer aumentaron después de reportar ganancias e ingresos del Q4 que superaron las estimaciones de los analistas.