Allergen (AGN) Should Buy Pfizer (PFE), Not the Other Way Around - Analyst

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Deutsche Bank Says Pfizer (PFE) and Allergan (AGN) Deal Would Enhance Cash Access

October 29, 2015 2:28 PM EDT

Deutsche Bank maintained a Buy rating on Pfizer (NYSE: PFE) with a price target of $43. Comments follow rumors related to merger talks with Allergan (NYSE: AGN). In the view of analyst Gregg Gilbert, a potential deal, dubbed 'PfizerGan', would be accretive to DCF and dilutive to EPS. Perhaps more importantly, a deal would allow enhanced access to ongoing cash flows.

Gilbert explained, "We cannot guarantee any transaction will occur and we note that it could face significant media and political... More

Allergen (AGN)/Pfizer (PFE) Deal Creates Mid-Teens Synergies in Year 2 - RBC Capital

October 29, 2015 10:40 AM EDT

The potential Allergan (NYSE: AGN)/Pfizer (NYSE: PFE) deal would bring attractive strategic and financial aspects and focus will shift to the likelihood of actually getting done if the price is right and management structure can be agreed... More

Pfizer (PFE) Confirms Discussions with Allergan (AGN)

October 29, 2015 10:10 AM EDT

Pfizer (NYSE: PFE) notes the announcement by Allergan (NYSE: AGN) that was released earlier today regarding a potential transaction between the companies. Pfizer confirms that it is in preliminary friendly discussions with Allergan in relation to a potential... More