Merck & Company (MRK) Receives a Buy from BMO Capital
In a report released today, Evan Seigerman from BMO Capital reiterated a Buy rating on Merck & Company, with a price target of $142.00.
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Seigerman covers the Healthcare sector, focusing on stocks such as Eli Lilly & Co, Novo Nordisk, and Pfizer. According to TipRanks, Seigerman has an average return of 7.7% and a 56.07% success rate on recommended stocks.
In addition to BMO Capital, Merck & Company also received a Buy from Guggenheim’s Vamil Divan in a report issued today. However, on July 22, Bernstein maintained a Hold rating on Merck & Company (NYSE: MRK).
Based on Merck & Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $16.29 billion and a GAAP net loss of $4.24 billion. In comparison, last year the company earned a revenue of $15.62 billion and had a net profit of $5.08 billion
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