Buy Pfizer Stock Because Its Covid Pill Will Be a Big Seller, UBS Says

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Updated Dec. 13, 2021 9:46 americium ET / Original Dec. 13, 2021 6:39 americium ET

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Shares of Pfizer were upgraded to Buy from Neutral astatine UBS, with the steadfast penning that it expects antiviral pill Paxlovid to scope income of astatine slightest $14 cardinal adjacent year, oregon 40% supra Wall Street expectations.

UBS expert Colin Bristow, successful a probe enactment Monday, besides boosted the terms people connected the banal to $60 from $52.

Pfizer (ticker: PFE)...

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