Showing posts with label Citibank Drops To Hold Janauary 14 2011. Show all posts
Showing posts with label Citibank Drops To Hold Janauary 14 2011. Show all posts

Friday, January 14, 2011

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


Here it is, from The Street.com:

. . . .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. . . ."