# Pfizer Surges After Impressive Q2 Results and Raised Guidance: Healthcare Giant's Comeback Story
Discover how pharmaceutical powerhouse Pfizer (PFE) is making a remarkable market comeback following stellar Q2 2024 performance. This episode dives deep into Pfizer's surprising 4% stock rally, trading around $24.75, as the company exceeds Wall Street expectations and significantly raises its full-year profit outlook to $2.90-$3.10 per share. Learn about the key revenue drivers behind Pfizer's impressive 10% year-over-year growth to $14.7 billion, with standout performances from Comirnaty COVID-19 vaccine and Vyndaqel heart medication, the latter seeing global sales surge 21% to $1.6 billion. We analyze Pfizer's strategic expansion through its Three SBio oncology partnership and positive European regulatory reviews for its updated COVID-19 vaccine. Find out why analysts are setting bullish price targets averaging $28.28, with some projecting up to $34, and why Pfizer's attractive 6.8% dividend yield makes it compelling for both value and income investors as the pharmaceutical giant successfully diversifies beyond its COVID portfolio and rebuilds market confidence.
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