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MKM downgrades Pfizer; “Neutral” Rating (PFE)

By Dividend.com,  November 27, 2012, 08:57:54 AM EDT

MKM Partners reported on Tuesday that they have downgraded global biopharmaceutical company, Pfizer Inc.( PFE ).

The firm announced that they have downgraded the company from a "Buy" to "Neutral." Analysts believe that PFE has few near-term catalysts and a weak pipeline.

Pfizer shares were mostly flat during premarket trading Tuesday. The stock is up 13.17% YTD.

The Bottom Line
Shares of Pfizer ( PFE ) have a 3.59% dividend yield, based on last night's closing stock price of $24.49. We have been recommending shares of Pfizer ( PFE ) since Mar.2, 2012, when the stock was trading at $21.49.

Pfizer Inc.( PFE ) is a "Recommended" dividend stock at this time, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: PFE



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