Barclays Maintains Overweight on Merck & Co, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Carter Gould maintains an Overweight rating on Merck & Co (NYSE:MRK) and raises the price target from $135 to $145.
February 02, 2024 | 1:21 pm
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Barclays analyst Carter Gould maintains an Overweight rating on Merck & Co and raises the price target from $135 to $145.
The increase in price target by a reputable analyst like Carter Gould from Barclays indicates a strong confidence in Merck & Co's future performance. This positive adjustment is likely to instill investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100