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Obermeyer Wealth Partners cut Pfizer holdings as the company missed Q1 revenue targets but beat EPS estimates.
Obermeyer Wealth Partners reduced its holdings in Pfizer Inc. by 3.6%, while Pfizer's market cap stands at $131.25 billion with a dividend yield of 7.45%.
Pfizer's Q1 2025 earnings showed a 7.8% revenue drop to $13.72 billion, missing estimates, but the EPS was $0.92, beating expectations.
The company is focusing on pipeline productivity and efficiency, aiming for $4.5 billion in cost savings by 2025.
Analysts have a "Moderate Buy" consensus on the stock, with a price target of $29.17.
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Obermeyer Wealth Partners recortó las participaciones de Pfizer, ya que la compañía no alcanzó los objetivos de ingresos del primer trimestre, pero superó las estimaciones de EPS.