B of A Securities Maintains Buy on Merck & Co, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Geoff Meacham maintains a Buy rating on Merck & Co (NYSE:MRK) but lowers the price target from $150 to $145.
July 31, 2024 | 5:24 pm
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NEUTRAL IMPACT
B of A Securities analyst Geoff Meacham maintains a Buy rating on Merck & Co (NYSE:MRK) but lowers the price target from $150 to $145.
The Buy rating suggests continued confidence in Merck & Co's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100