Bernstein Initiates Coverage On Merck & Co with Market Perform Rating, Announces Price Target of $115
Portfolio Pulse from Benzinga Newsdesk
Bernstein has initiated coverage on Merck & Co with a Market Perform rating and set a price target of $115.
October 17, 2024 | 4:31 pm
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Bernstein has initiated coverage on Merck & Co with a Market Perform rating and set a price target of $115.
The Market Perform rating suggests that Merck's stock is expected to perform in line with the market. The price target of $115 provides a specific valuation expectation. This news is moderately important as it reflects analyst sentiment but does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100