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Merck shares rise despite missing earnings, analysts maintain "Moderate Buy" rating.
Merck & Co., Inc. shares rose on Thursday, opening at $88.73, up from the previous close of $86.60.
Despite missing earnings expectations with a reported EPS of $1.72 against the consensus of $1.85, analysts maintain a "Moderate Buy" rating with a $117.12 target price.
The company's stock performance has been strong, growing 16.8% in the fourth quarter, and it has a market cap of $205.83 billion.
Merck also announced a quarterly dividend of $0.81 per share.
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Las acciones de Merck aumentan a pesar de las ganancias perdidas, los analistas mantienen una calificación de "Compra Moderada".