Merck & Company (MRK) Receives a Buy from Mizuho Securities
In a report released today, Mara Goldstein from Mizuho Securities maintained a Buy rating on Merck & Company (MRK), with a price target of $100.00. The company’s shares closed last Monday at $84.18.
According to TipRanks.com, Goldstein is a 2-star analyst with an average return of 0.3% and a 37.4% success rate. Goldstein covers the Healthcare sector, focusing on stocks such as Corvus Pharmaceuticals, CytomX Therapeutics, and Fate Therapeutics.
Merck & Company has an analyst consensus of Strong Buy, with a price target consensus of $99.57, representing a 17.1% upside. In a report issued on February 6, UBS also maintained a Buy rating on the stock with a $96.00 price target.
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Based on Merck & Company’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $11.87 billion and net profit of $2.36 billion. In comparison, last year the company earned revenue of $10.98 billion and had a net profit of $1.83 billion.
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