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Merck & Company (MRK) Gets a Buy from RBC Capital

Tipranks - Thu Aug 6, 7:02AM CDT

RBC Capital analyst Trung Huynh reiterated a Buy rating on Merck & Company yesterday and set a price target of $142.00. The company’s shares closed yesterday at $128.00.

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According to TipRanks, Huynh is a 5-star analyst with an average return of 21.6% and a 74.65% success rate. Huynh covers the Healthcare sector, focusing on stocks such as Merck & Company, Pfizer, and Bristol-Myers Squibb.

In addition to RBC Capital, Merck & Company also received a Buy from Wells Fargo’s Mohit Bansal 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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