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Wednesday, 10/18/2017 2:26:06 PM

Wednesday, October 18, 2017 2:26:06 PM

Post# of 110177
Technical View: Merck trades higher, analyst action (TheFlyOnTheWall)
THE FLY 9:26 AM ET 10/18/2017
The shares were last up over 1.3% to $64.10. At that price next resistance of significance is at the $65 area and then at the 52-week high at $66.80. Support is at the prior session closing price of $63.22. Citi upgraded the stock to Buy and upped its price target from $65 to $72. In other items of note, the FDA accepted and granted priority review for sNDA of LYNPARZA. The company said that Keytruda had more than doubled the median overall survival of study patients.

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