Pfizer . (NYSE:PFE) is one of the largest pharmaceutical companies in the US. But the company is facing several headwinds in its business. Pfizer . (NYSE:PFE) has a healthy dividend yield of 3.8%. But analysts think that dividend should not be the only factor while evaluating a possible investment. Pfizer . (NYSE:PFE)’s Prevnar13 pneumococcal vaccine, one of the major streams of revenue, is expected to be flat this year amid market saturation.
Last week, Citigroup downgraded Pfizer . (NYSE:PFE)’s to “Neutral” and cut its price target to $31 from $38. The firm thinks Pfizer . (NYSE:PFE)’s oncology drugs are under threat due to their high prices and increasing market competition.
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