Merck & Co., Inc. (NYSE:MRK) Sets New 1-Year Low - Here's Why

Market Beat
2025.05.11 10:45
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Merck & Co., Inc. (NYSE:MRK) shares hit a new 52-week low at $75.82, closing at $75.88 with a trading volume of over 15 million shares. Analysts have downgraded the stock, with Deutsche Bank lowering its rating from "buy" to "hold" and reducing the price target from $128 to $105. The company reported $2.22 EPS, exceeding estimates, but revenue fell 1.6% year-over-year. Merck has initiated a $10 billion stock repurchase plan, indicating management believes shares are undervalued. Insider selling and new institutional investments were also noted.