Wednesday, October 2, 2013

Merck & Co Inc (MRK) Issues FY13 Earnings Guidance

Merck & Co Inc (NYSE:MRK) updated its FY13 earnings guidance on Tuesday. The company provided EPS guidance of $3.45-3.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.48, AnalystRatingsNetwork.com reports.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Merck & Co (NYSE:MRK) to $54.00 in a research note to investors on Tuesday. Finally, analysts at TheStreet reiterated a buy rating on shares of Merck & Co (NYSE:MRK) in a research note to investors on Thursday, September 26th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $51.23.Read More:

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