ScorecardPharma (who's right about pharma) › MRK

MRK analyst scorecard · Merck & Co.

52 rating changes on MRK in the last 12 months. 77% of bullish calls were right at 30 days. Street grade A on 31 scored calls. Consensus target $153, 6% above the last close.

Graded through 2026-09-14 · last close $145.03 (2026-09-14). Rebuilt every morning.

Street grade
A 74.2%
Rating changes, 12 mo
52
Bullish calls right at 30d
76.7% of 30
Bearish calls right at 30d
Consensus target
$153 +5.5%
Firms covering
26
Price targets hit (90d)
37.0% of 27

Holds on MRK, read: 1 cut to or raised to Hold (graded as the change) · 2 Holds whose target leaned 10%+ one way (graded that way) · 10 true Holds, not graded.

The chase: the 5 upgrades on MRK landed after an average +11.8% run in the prior 30 days, and the stock averaged +16.0% in the 90 days after.

Firm by firm

FirmCallsScoredRightAccuracyGradeAvg 30dAvg 90dLatestDateTarget
Wells Fargo 654 80.0% A +2.5% +9.3% Overweight2026-09-04 $170
Morgan Stanley 411 +12.5% +26.5% Overweight2026-08-20 $179
BMO Capital 322 +7.9% +13.7% Outperform2026-08-20 $170
Wolfe Research 211 +6.0% +11.0% Outperform2026-08-25 $180
Argus Research 211 +11.0% Buy2026-08-25 $170
Goldman Sachs 211 +5.4% +20.2% Buy2026-08-21 $160
Bank of America 222 +5.9% +15.1% Buy2026-06-30 $141
Scotiabank 222 +3.8% +19.2% Sector Outperform2026-06-30 $155
Daiwa Capital 111 +8.3% Outperform2026-08-12 $143
CICC 111 +8.7% Outperform2026-06-24 $138
Deutsche Bank 111 +4.4% +26.1% Hold2025-11-18 $111
Guggenheim 432 +6.8% -7.9% Buy2026-09-08 $170
UBS 321 +3.3% +6.5% Buy2026-08-20 $175
Barclays 221 +4.2% -5.2% Overweight2026-07-29 $150
JPMorgan 221 +0.6% +4.9% Overweight2026-07-13 $140
RBC Capital 431 -2.1% +3.7% Sector Perform2026-08-20 $150
Citigroup 400 +5.8% +1.8% Neutral2026-03-20 $125
Cantor Fitzgerald 200 -0.5% -4.4% Neutral2026-07-06 $120
HSBC 100 Buy2026-09-10 $172
Leerink Partners 100 Outperform2026-09-09 $161
Freedom Broker 100 -1.2% -5.4% Hold2026-02-09 $110
TD Cowen 100 +11.3% +7.0% Hold2026-01-20 $120
Berenberg 110 +4.5% +21.1% Hold2025-09-17 $90

Dimmed rows have fewer than 4 scored calls on MRK — too few to grade.

Every call, last 12 months

DateFirmChangeActionGraded asPrice at callRun before+30d+60d+90dTarget · 90d checkHit
2026-09-10 HSBC Buy → Buy maintained Bullish $144.71 +11.0% $172 pending
2026-09-09 Leerink Partners Outperform → Outperform maintained Bullish $147.53 +12.7% $161 pending
2026-09-08 Guggenheim Buy → Buy maintained Bullish $148.46 +15.5% $170 pending
2026-09-04 Wells Fargo Overweight → Overweight maintained Bullish $150.33 +17.1% $170 pending
2026-08-25 Wolfe Research Outperform → Outperform maintained Bullish $156.45 +19.4% $180 pending
2026-08-25 Argus Research Buy → Buy maintained Bullish $156.45 +19.4% $170 pending
2026-08-21 Goldman Sachs Buy → Buy maintained Bullish $152.55 +19.7% $160 pending
2026-08-20 BMO Capital Outperform → Outperform maintained Bullish $148.99 +18.0% $170 pending
2026-08-20 UBS Buy → Buy maintained Bullish $148.99 +18.0% $175 pending
2026-08-20 RBC Capital Outperform → Sector Perform downgrade Bearish · cut to Sector Perform $148.99 +18.0% $150 pending
2026-08-20 Morgan Stanley Equal-Weight → Overweight upgrade Bullish $148.99 +18.0% $179 pending
2026-08-12 Daiwa Capital Neutral → Outperform upgrade Bullish $132.92 +7.2% +8.3% $143
2026-08-11 Argus Research Buy → Buy maintained Bullish $130.42 +5.6% +11.0% $145
2026-08-05 Guggenheim Buy → Buy maintained Bullish $128.33 +1.2% +17.1% $146
2026-07-29 Barclays Overweight → Overweight maintained Bullish $130.36 +0.8% +13.8% $150
2026-07-13 JPMorgan Overweight → Overweight maintained Bullish $124.03 +4.2% +7.2% +16.0% $140
2026-07-13 BMO Capital Outperform → Outperform maintained Bullish $124.03 +4.2% +7.2% +16.0% $142
2026-07-13 Guggenheim Buy → Buy maintained Bullish $124.03 +4.2% +7.2% +16.0% $145
2026-07-09 Morgan Stanley Equal-Weight → Equal-Weight maintained True hold · target -9% $125.07 +4.6% +4.7% +18.7% $113 not graded
2026-07-08 RBC Capital Outperform → Outperform reiterated Bullish $125.99 +5.4% +2.1% +17.8% $142
2026-07-08 Wells Fargo Overweight → Overweight maintained Bullish $125.99 +5.4% +2.1% +17.8% $150
2026-07-06 Cantor Fitzgerald Neutral → Neutral reiterated True hold · target -5% $126.78 +5.0% +1.2% +18.6% $120 not graded
2026-06-30 Bank of America Buy → Buy maintained Bullish $128.50 +8.2% +1.0% +15.0% $141
2026-06-30 Scotiabank Sector Outperform → Sector Outperform maintained Bullish $128.50 +8.2% +1.0% +15.0% $155
2026-06-24 CICC Outperform initiated Bullish $120.60 -1.5% +8.7% +24.9% $138
2026-05-01 Wells Fargo Overweight → Overweight maintained Bullish $112.16 -7.2% +2.7% +14.6% +15.7% $145 close
2026-04-13 UBS Buy → Buy maintained Bullish $120.15 +3.9% -5.6% -0.9% +3.2% $145 missed
2026-04-06 JPMorgan Overweight → Overweight maintained Bullish $120.85 +4.4% -6.0% -0.1% +4.9% $135 missed
2026-03-30 RBC Capital Outperform → Outperform reiterated Bullish $118.10 -4.6% -6.0% +0.5% +9.6% $142 missed
2026-03-20 Citigroup Neutral → Neutral maintained True hold · target +9% $114.18 -6.2% +2.6% +0.1% -0.3% $125 missed not graded
2026-03-12 Wells Fargo Overweight → Overweight maintained Bullish $115.91 -1.1% +3.7% -4.0% +2.7% $150 missed
2026-02-25 RBC Capital Outperform initiated Bullish $122.46 +14.0% -2.3% -10.0% -2.2% $142 missed
2026-02-20 Barclays Overweight initiated Bullish $122.26 +10.0% -5.4% -7.9% -5.2% $140 missed
2026-02-09 Freedom Broker Hold → Hold maintained True hold · target -6% $117.65 +6.4% -1.2% +3.2% -5.4% $110 hit not graded
2026-02-06 Guggenheim Buy → Buy maintained Bullish $121.93 +12.3% -4.0% -2.2% -7.9% $140 missed
2026-02-04 Citigroup Neutral → Neutral maintained True hold · target +1% $118.33 +10.1% -2.1% +2.1% -4.4% $120 missed not graded
2026-02-04 Cantor Fitzgerald Neutral → Neutral maintained True hold · target +1% $118.33 +10.1% -2.1% +2.1% -4.4% $120 missed not graded
2026-02-04 Wells Fargo Overweight → Overweight maintained Bullish $118.33 +10.1% -2.1% +2.1% -4.4% $135 missed
2026-01-27 Citigroup Neutral → Neutral maintained True hold · target +6% $107.92 +1.1% +10.5% +9.4% +2.1% $115 hit not graded
2026-01-20 TD Cowen Hold → Hold maintained True hold · target +9% $109.45 +8.3% +11.3% +5.7% +7.0% $120 hit not graded
2026-01-08 Wolfe Research Peer Perform → Outperform upgrade Bullish $110.99 +14.6% +6.0% +5.5% +11.0% $135 close
2026-01-07 UBS Buy → Buy maintained Bullish $108.60 +9.8% +12.3% +7.8% +9.8% $130 missed
2026-01-07 Citigroup Neutral → Neutral maintained True hold · target +1% $108.60 +9.8% +12.3% +7.8% +9.8% $110 missed not graded
2025-12-18 BMO Capital Market Perform → Outperform upgrade Bullish $100.69 +4.4% +8.7% +20.7% +13.7% $130 missed
2025-12-15 Bank of America Buy → Buy maintained Bullish $100.26 +7.9% +10.7% +21.1% +15.1% $120 hit
2025-12-12 Morgan Stanley Equal-Weight → Equal-Weight maintained True hold · target +1% $100.30 +9.7% +8.9% +16.8% +15.6% $102 missed not graded
2025-12-04 Scotiabank Sector Outperform → Sector Outperform maintained Bullish $100.89 +20.3% +6.5% +12.4% +19.2% $120 hit
2025-12-02 Goldman Sachs Buy → Buy maintained Bullish $101.03 +17.5% +5.4% +12.2% +20.2% $120 hit
2025-11-24 Wells Fargo Equal-Weight → Overweight upgrade Bullish $100.40 +14.8% +6.0% +7.8% +23.3% $125 hit
2025-11-18 Deutsche Bank Hold → Hold maintained Leans bullish · Hold, target +15% $96.43 +13.7% +4.4% +13.5% +26.1% $111 hit
2025-11-03 Morgan Stanley Equal-Weight → Equal-Weight maintained Leans bullish · Equal-Weight, target +21% $82.49 -7.5% +24.0% +29.1% +37.4% $100 hit
2025-09-17 Berenberg Buy → Hold downgrade Bearish · cut to Hold $81.14 +4.5% +14.4% +21.1% $90 hit

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Interactive version with the price chart and target overlay: Scorecard tab on the dashboard. All covered names: index.

How the grading works

Every sell-side rating change from the last 365 days is priced the day it lands and checked again 30, 60 and 90 days later. A call is a hit when the stock moved in the called direction at 30 days. Buy- and Sell-side ratings call their own direction. A Hold is read, not waved through: a downgrade to Hold is graded as a bearish call and an upgrade to Hold as a bullish one, and a maintained Hold whose price target sits 10%+ above the price leans bullish (10%+ below, leans bearish) and is graded that way. A Hold with a target close to the price is a true Hold and is not graded at all. Every call with a price target also gets a target check 90 days later: hit (reached it or within 5%), close (covered at least half the distance) or missed. A firm's accuracy on a single name prints only after 4 scored calls, and a firm gets its own page only after 10 scored calls across every covered name — below that a percentage is noise. "Run before the call" is the stock's move over the 30 calendar days before the rating landed. Data: Yahoo Finance rating history and daily closes, rebuilt each morning. Nothing on this page is advice.

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