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Merck Stock Soars on Strong FDA News and Analyst Upgrades

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JPM MRK
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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.

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