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Proficio Capital Partners Buys 17,526 Merck Shares, Argus Lifts Target

Merck logoMerck
Sig1.23Sen+2.40Env0.00Soc0.00Gov0.00

Several investors increased positions in Merck, with Pinnbrook adding shares worth about $2.45M and Handelsbanken raising holdings worth about $194M. Proficio also lifted its stake by 93.1% in the second quarter. Argus raised its target price for Merck from $145 to $170 and reiterated a buy rating, while MarketBeat shows a Moderate Buy consensus.

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