Deutsche Bank Upgrades Merck (MRK) to Buy, Sees “Clear Path” Beyond Keytruda Patent Cliff

Deutsche Bank has upgraded Merck (MRK) to Buy from Hold, raising its price target to $150 from $115, citing a “clear path” for the company beyond the upcoming patent expiration of its blockbuster drug, Keytruda. Analyst James Shin believes the market is undervaluing Merck, emphasizing that the company possesses other visible growth drivers and is poised for trough earnings. Despite a recent lower-than-expected 2026 forecast from Merck due to patent expirations for older drugs like Januvia, the analyst maintains a positive outlook.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)