Market News / Story
PFE, LLY, MRK Stocks In Focus: Cantor Raises Price Targets On Pharma Behemoths, But Flags Growth Concerns For Pfizer
Stocktwits ·
Stocktwits reports: Shares of Pfizer (PFE), Eli Lilly (LLY) and Merck (MRK) were in focus on Thursday after Cantor Fitzgerald raised its price targets on all three pharmaceutical giants, citing upcoming drug trial results, earnings expectations and growth opportunities. At the time of writing, MRK and PFE shares edged lower in pre-market trading while LLY shares were largely unchanged. Pfizer Faces Growth Questions As Job Cuts Loom Cantor raised Pfizer’s price target to $28 from $27 and…
