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BMO Capital Upgrades Merck (MRK) to Outperform, $72 PT

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Credit Suisse Upgrades Merck (MRK) to Outperform

August 8, 2016 6:22 AM EDT

Credit Suisse upgraded Merck (NYSE: MRK) from Neutral to Outperform with a price target of $73.00 following news Friday that Bristol-Myers' CheckMate-026 (CM-026) Study for Opdivo in 1st line non-small cell lung cancer (NSCLC) missed its primary endpoint.

Analyst Vamil Divan commented, "Friday's... More