Monday, January 5, 2015

Dr. Tim Anderson Upped Merck Today -- Now An "Outperform", At Sanford C. Bernstein

There are (as ever) lots of contingencies here -- but the central one, for Tim Anderson, at least, is whether BMS and Opdivo® will be able to stop their ongoing lung cancer Phase II trial early -- and win a broad FDA approval, and do so earlier than Merck might by say mid-2015. Still, it is a very nice vote of confidence from Bernstein & Co.

Here's the bit:

. . . .Merck was upgraded by equities research analysts at Sanford C. Bernstein to an “outperform” rating in a research note issued to investors on Monday. . . .

Kenilworth's NYSE price edged up on this news. And, we will -- of course -- keep you posted. Now, stay warm out there!

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