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flag Merck's stock dropped 4.9% on lower-than-expected earnings, despite a "Moderate Buy" rating.

flag Merck & Co., Inc. (NYSE:MRK) shares fell 4.9% to $77.87 on Thursday, with trading volume down 70% from its average. flag Despite the drop, Merck holds a "Moderate Buy" rating and a $115.50 target price. flag The company reported $1.72 EPS for Q4, missing estimates by $0.13, with revenue of $15.62 billion, slightly above forecasts. flag Merck's stock has a market cap of $199.91 billion and a PE ratio of 11.76. flag Institutional investors have adjusted their holdings, with some buying and others selling shares.

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