Chew on this a bit.....
PFE is a financial powerhouse and arguably the overall strongest BP. Having the most balanced drug portfolio with the lowest risk of patent cliff risk. Almost NO debt, tons of cash and an untapped $7.5 BILLION line of credit. East coast - West coast synergy, new leadership looking to expand aggressively into genetic medicine and initial partnerships moving expeditiously. Their stock stuck in a decade plus head and shoulder pattern just now showing signs of finally breaking out , thus increased ammunition in any takeover....
5 big minimum, but could be 7-8, seems about right