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Mizuho Securities Sticks to Their Buy Rating for Merck & Company (MRK)

Mizuho Securities analyst Mara Goldstein maintained a Buy rating on Merck & Company (MRKResearch Report) yesterday and set a price target of $100.00. The company’s shares closed last Tuesday at $83.72.

According to TipRanks.com, Goldstein is a 4-star analyst with an average return of 5.8% and a 38.4% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Iovance Biotherapeutics, and Neoleukin Therapeutics.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Merck & Company with a $93.10 average price target, an 11.3% upside from current levels. In a report issued on March 22, Wells Fargo also maintained a Buy rating on the stock with a $90.00 price target.

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Merck & Company’s market cap is currently $211B and has a P/E ratio of 16.23.

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Merck & Co., Inc. develops pharmaceutical and vaccine products. It also offers healthcare solutions and vaccines addressing animal health. The company was founded in 1891 and is headquartered in Kenilworth, NJ.

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