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Merck & Co. reported strong Q1 earnings, despite some investors reducing their stakes.
Merck & Co., Inc. reported a strong Q1 with earnings per share of $2.22, beating expectations.
Several firms adjusted their holdings: EdgeRock Capital LLC and Ironwood Wealth Management LLC reduced their stakes by 9.1% and 3.3% respectively, while Franklin Street Advisors and Alpha Omega Wealth Management LLC increased their holdings.
The stock has a "Hold" rating and a target price of $109.19.
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Merck & Co. reportó fuertes ganancias del primer trimestre, a pesar de que algunos inversores redujeron sus participaciones.