Friday, January 14, 2011

Citi Drops Merck to "Hold" -- From "Buy" -- In Aft-Cast

Here it is, from The

. . . .Merck downgraded at Citigroup from Buy to Hold, Citigroup said. $39 price target. Company is halting progress on Vorapaxar, which was its best near-term prospect. . . .

Ya' think? I've said $37 was fully valued for over a year -- while all the others pegged $45 and above as full value on Merck.

"Time, and tide, love -- time, and tide. . . ."

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