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flag Wells Fargo upgrades Merck to "Overweight" citing strong drug pipeline and Keytruda's success.

flag Wells Fargo upgraded Merck & Co. to "Overweight" and raised its price target to $125, citing strong progress in its drug pipeline, particularly in oncology and infectious diseases, along with continued success of its blockbuster drug Keytruda. flag The firm highlighted Merck’s disciplined capital use and robust R&D as key strengths, signaling confidence in the company’s growth prospects and shareholder returns amid shifting healthcare dynamics.

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