Accueil > Actualité
Actualite financiere : Actualite bourse

Merck KGaA: a top riser on the DAX after upgrade

(CercleFinance.com) - Merck KGaA is a top riser of Germany's blue-chip DAX index on Friday, up 2% after an influential broker upgraded the stock.


In a note on the European pharma sector, Bank of America-Merrill Lynch said it has upgraded its rating on the Merck share from "underperform" to "neutral" on the back of a "better mid-term outlook."

Citing the group's "positive momentum," BAML also raised its target price for the stock, from 100 euros to 110 euros.

The stock is currently up 2% at 99.3 euros in Frankfurt.

Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.