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Pfizer Inc (PFE) Approaches New Upside Target of $36.69

By David Diaz

Shares of Pfizer Inc (NYSE:PFE) opened today above their pivot of $36.32 and have already reached the first level of resistance at $36.50. Investors may be interested in a cross of the next upside pivot targets of $36.69 and $37.06.

There is potential upside of 11.1% for shares of Pfizer Inc based on a current price of $36.54 and an average consensus analyst price target of $40.60. Pfizer Inc shares have support at the 200-day moving average (MA) of $32.28 and additional support at the 50-day MA of $31.25.

In the past 52 weeks, Pfizer Inc share prices have been bracketed by a low of $29.83 and a high of $39.43 and are now at $36.54, 22% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Pfizer Inc and will alert subscribers who have PFE in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts pfizer inc

Ticker(s): PFE