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Merck & Co. sees increased investor stakes, strong earnings, and launches a share repurchase program.
Multiple institutional investors have increased their stakes in Merck & Co., Inc., with purchases totaling over 72,000 shares in the fourth quarter.
Merck reported $2.22 earnings per share, exceeding analysts' estimates by $0.06, with revenue at $15.53 billion, slightly below expectations.
The company has a "Moderate Buy" rating, a target price of $109.19, and a market cap of $194.83 billion.
Merck also announced a share repurchase program, indicating confidence in its stock value.
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Merck & Co. ve una mayor participación de los inversores, fuertes ganancias, y lanza un programa de recompra de acciones.