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BMO Capital downgraded Pfizer
PFE from Outperform to Market Perform.
The target price for Pfizer has been lowered from $34 to $31.
Pfizer shares have surged 2.20% over the past 52 weeks, while the S&P 500 index has gained 17.39% in the same period.
Pfizer's shares dropped 1.29% to $29.95 in pre-market trading.
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