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Merck Stock Downgraded Despite Cancer Vaccine Success
Merck's stock has been downgraded despite a significant win with its cancer vaccine, as analysts note a stretched valuation and a strong but potentially overvalued pipeline. This comes after a period of positive news for the pharmaceutical company.
20 Aug, 20:20 — 20 Aug, 20:20
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Coverage Timeline
First report: Barron's · 20 Aug, 20:20|Full coverage: 2 · 18h|Window: 18h
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