Merck Stock Soars on Strong FDA News and Analyst Upgrades
Merck's stock price surged by 7.12% following positive FDA news for its key therapy.
The upgrade from Daiwa to Outperform with a $143 target sparked a 2.6% share pop and reinforced the Street's overweight stance.
Major firms like JPMorgan, Argus, and Guggenheim lifted their MRK targets, with JPMorgan now at $150 and the mean around $137-$138.