Argus Downgrades Pfizer Stock to Hold Amid Topline Growth Concerns

Friday, 22 March 2024, 13:41

Argus has lowered their rating on Pfizer stock from Buy to Hold, citing worries about the company's topline growth. The decision reflects concerns about Pfizer's ability to sustain revenue and profitability in the coming quarters. Investors are advised to closely monitor Pfizer's performance as uncertainties around its growth trajectory persist.
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Argus Downgrades Pfizer Stock to Hold Amid Topline Growth Concerns

Argus Cuts Pfizer to Hold

Reasons for Downgrade

  • Concerns about Topline Growth: Argus is worried about Pfizer's ability to grow revenue significantly.

Argus has recently downgraded Pfizer stock to Hold from Buy. The move comes as the financial firm expresses concerns about Pfizer's future revenue growth, calling attention to the need for closer monitoring of Pfizer's performance in the coming months.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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