35% Upside For Merck’s Stock?
- Friday, March 20, 2020, 7:14
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Merck (NYSE: MRK) could see a 35% upside from the current levels, based on our price estimate of $96, which is based on expected 2020 earnings of $5.85 on an adjusted basis, and a price to earnings multiple of 16.4x. Merck’s stock has seen a 15% drop since February 1 (through March 18)…
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