Pfizer Inc

PFE: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$46.00	Pnqds	Pbbvfmtkm

Pfizer's Q4 Earnings Are Solid; Weaker-Than-Expected 2023 Guidance Is Not Overly Concerning

Damien Conover

Jan 31, 2023

Pfizer reported solid fourth-quarter results but provided lower-than-expected guidance for 2023. We don’t expect any major changes to our Pfizer fair value estimate, and the stock looks undervalued, especially with the recent weak stock performance that doesn’t appear to be fully reflecting the firm’s long-term outlook.

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