Here at our shop, we do not expect a world-beating finish to Merck's fiscal year 2013 -- just generally in-line at the EPS line, and overall sales perhaps a little light -- even before currencies steal around 2.5 percent from global reported consolidated sales revenue, for the year. So, now we wait for Wednesday morning. Here's the operative Zolmax press bit:
. . . .Merck & Co was upgraded by stock analysts at SunTrust from a “neutral” rating to a “buy” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $62.00 price objective on the stock. SunTrust’s price target points to a potential upside of 19.05% from the company’s current price. . . .
One analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. Merck & Co has a consensus rating of “Buy” and a consensus price target of $54.36. . . .
Separately -- and mostly just to keep a complete record, here -- Merck yesterday received Canadian regulatory clearance to sell GrasstekTM short ragweed sublinguals, but that Canadian revenue will never be material to overall Merck -- so I'll only footnote it, here. Be excellent to one another (as the snow is falling in big fat flakes, again, here now. . . whew!).
No comments:
Post a Comment