Merck & Co., Inc. (NYSE:MRK) stock reached a new 52-week high of $135.68 on Thursday after Daiwa Securities Group upgraded it from a neutral rating to an outperform rating.
The price target for the stock is now $143.00, according to Daiwa Securities Group.
This upgrade comes after several other research analysts have also given positive reviews to Merck & Co., Inc.
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