<div id="readability-page-1"><p><span>Merus (NASDAQ:MRUS - Get Free Report)</span>'s stock had its &#34;buy&#34; rating reiterated by equities research analysts at Bank of America in a report released on Tuesday, Benzinga reports. They presently have a $76.00 price objective on the biotechnology company's stock. Bank of America's target price points to a potential upside of 35.52% from the stock's previous close.</p><p>MRUS has been the subject of a number of other reports. Guggenheim upped their price objective on shares of Merus from $57.00 to $93.00 and gave the stock a &#34;buy&#34; rating in a research note on Tuesday, May 28th. Stifel Nicolaus boosted their target price on shares of Merus from $90.00 to $99.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, June 17th. Canaccord Genuity Group boosted their target price on shares of Merus from $54.00 to $67.00 and gave the stock a &#34;buy&#34; rating in a report on Tuesday, June 4th. BMO Capital Markets upped their price objective on shares of Merus from $84.00 to $91.00 and gave the company an &#34;outperform&#34; rating in a report on Tuesday, June 4th. Finally, William Blair restated an &#34;outperform&#34; rating on shares of Merus in a report on Monday, April 22nd. One investment analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, Merus has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $73.60.</p><p><b>Read Our Latest Report on Merus</b></p><h2>Merus Stock Performance</h2><p>MRUS stock traded down $0.83 during mid-day trading on Tuesday, reaching $56.08. 310,287 shares of the stock traded hands, compared to its average volume of 786,509. Merus has a one year low of $19.81 and a one year high of $61.61. The stock has a market capitalization of $3.29 billion, a PE ratio of -20.25 and a beta of 1.10. The business has a 50-day moving average price of $49.06 and a two-hundred day moving average price of $42.06. </p><p>Merus (NASDAQ:MRUS - Get Free Report) last issued its earnings results on Wednesday, May 8th. The biotechnology company reported ($0.59) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.83) by $0.24. The firm had revenue of $7.89 million during the quarter, compared to analyst estimates of $8.94 million. Merus had a negative net margin of 390.36% and a negative return on equity of 44.13%. On average, equities analysts expect that Merus will post -3.1 earnings per share for the current fiscal year. </p><h2>Insider Transactions at Merus</h2><p>In other news, VP Harry Shuman sold 1,000 shares of the business's stock in a transaction dated Monday, June 10th. The stock was sold at an average price of $53.22, for a total transaction of $53,220.00. Following the completion of the transaction, the vice president now directly owns 7,002 shares of the company's stock, valued at $372,646.44. The sale was disclosed in a filing with the SEC, which is accessible through this link. Over the last ninety days, insiders sold 14,300 shares of company stock valued at $792,792. 4.57% of the stock is currently owned by corporate insiders. </p><h2>Hedge Funds Weigh In On Merus</h2><p>A number of institutional investors and hedge funds have recently added to or reduced their stakes in MRUS. Price T Rowe Associates Inc. MD purchased a new stake in Merus in the first quarter valued at approximately $53,377,000. RTW Investments LP raised its stake in shares of Merus by 90.0% during the third quarter. RTW Investments LP now owns 1,996,764 shares of the biotechnology company's stock worth $47,084,000 after purchasing an additional 945,871 shares during the last quarter. Deerfield Management Company L.P. Series C raised its stake in shares of Merus by 27.9% during the third quarter. Deerfield Management Company L.P. Series C now owns 3,876,938 shares of the biotechnology company's stock worth $91,418,000 after purchasing an additional 845,000 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Merus by 26.0% during the fourth quarter. Federated Hermes Inc. now owns 3,637,309 shares of the biotechnology company's stock worth $100,026,000 after purchasing an additional 751,609 shares during the last quarter. Finally, Artal Group S.A. purchased a new stake in shares of Merus during the first quarter worth approximately $20,492,000. 96.14% of the stock is owned by institutional investors and hedge funds. </p><h2>About Merus</h2> (Get Free Report)<p>Merus N.V., a clinical-stage immuno-oncology company, engages in the development of antibody therapeutics in the Netherlands. Its bispecific antibody candidate pipeline includes Zenocutuzumab (MCLA-128), which is in a phase 2 clinical trials for the treatment of patients with metastatic breast cancer and castration-resistant prostate cancer, as well as in Phase 1/2 clinical trials for the treatment of solid tumors that harbor Neuregulin 1.</p><h2>Read More</h2><ul><li>Five stocks we like better than Merus</li><li>What Does Downgrade Mean in Investing?</li><li>Chipotle Mexican Grill Stock Split: Where Does it Go From Here?</li><li>Stock Market Sectors: What Are They and How Many Are There? </li><li>Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Best Buy Stock May Be Best Bought Before the Holiday Season</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVJVUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVJVUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Silver Expected for Extreme Price Action <span><span>(From Colonial Metals)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD04Mzcw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD04Mzcw"/></p><h2>Should you invest $1,000 in Merus right now?</h2><p>Before you consider Merus, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Merus wasn't on the list.</p><p>While Merus currently has a &#34;Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

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<p>Bank of America has reaffirmed its "buy" rating on Merus (NASDAQ: MRUS) stock and set a price objective of $76.00. This follows other reports from Guggenheim, Stifel Nicolaus, Canaccord Genuity Group, BMO Capital Markets, and William Blair, all giving positive ratings. Merus stock has a consensus rating of "Moderate Buy" and an average price target of $73.60. The stock traded at $56.08, with a potential upside of 35.52% from the previous close.</p>

The main points conveyed by the author are:
1. Merus (NASDAQ: MRUS) received a reiterated "buy" rating from Bank of America analysts with a price target of $76.00, indicating a potential upside of 35.52% from the previous close.
2. Other research reports also support a positive outlook on Merus, with Guggenheim raising their price target to $93.00, Stifel Nicolaus to $99.00, and Canaccord Genuity Group to $67.00, all maintaining a "buy" rating.
Overall, the information highlights a bullish sentiment from multiple equities research analysts towards Merus, suggesting confidence in the biotechnology company's future performance and growth potential.

Merus (NASDAQ:MRUS) Stock Rating Reaffirmed by Bank of America