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Citi downgrades Merck to neutral, says drug pipeline struggles will hold stock back

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November 29, 2021
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Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021.

NurPhoto | NurPhoto | Getty Images

Disappointing results for some major drugs has limited the upside for Merck‘s stock, according to Citi.

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