Merck Stock Gets Boost from Argus Price Target Hike
Argus, an investment analytics firm, has boosted its price target for Merck & Co., Inc. (NYSE:MRK) from $130.00 to $145.00 in a recent report.
The revised forecast represents a potential upside of 10.92% from the company's current stock price.
Merck & Co., Inc.'s quarterly earnings data, released on August 4th, beat analyst estimates with EPS of ($0.13) and revenue of $16.61 billion, a 5.1% increase year-over-year.