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Published on 8/3/2006 in the Prospect News Biotech Daily.

Pfizer reiterated at outperform by Bear Stearns

Bear Stearns analyst John Bons reiterates Pfizer Inc. at outperform with a $30 price target based on the assumption that the '995 patent will be reissued and that Lipitor will have exclusivity though 2011. Shares of the New York-based pharmaceutical company were down 10 cents, or 0.39%, at $25.51, on volume of 28,400,800 shares versus the three-month running average of 28,415,000 shares. (NYSE: PFE)


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