Monday, April 23, 2018

Jami Rubin, At Goldman Sachs, Bumps Merck Equity Up Two Notches -- To $73...


I still think Goldman (firm wide, given its vast debt underwriting desks) has some inherent conflicts here -- but I do think the move (given the immuno-oncology outcomes data in Chicago last week) makes sense, as to Merck's 12 to 24 month future per share NYSE values.

The link -- and a bit:

. . . .Goldman Analyst Jami Rubin upgrades Merck (NYSE: MRK) from Neutral to Conviction Buy with a price target of $73.00 (from $63.00). . . .


Now you know -- onward, on a stellar day. . . even as more senseless AR-15 automatic rifle mayhem afflicts Antioch, anew. When will it be enough, Mr. Trump? When? But I will resolve to remain focused on all the good that ordinary Americans are doing -- in spite of 45’s dysfunction. . . .

नमस्ते

5 comments:

Anonymous said...

Thoughts on this article?: https://slate.com/news-and-politics/2018/04/why-the-supreme-court-will-probably-uphold-trumps-travel-ban.html


condor said...

I promise I will get to this tomorrow.

And as you know -- oral argument before the Supremes is tomorrow -- so I will cover that, as well.

Is it possible?

Sure. . . .

DO I think it likely (at all)? Nope.

I actually think Gorsuch may now swing with Roberts to the majority (and it goes down 6-3). Ban. . . banned.

Namaste!

condor said...

The author of the Slate opinion piece misses the notion that Mr. Trump has made post election statements that doom the facial neutrality of Ban 3.0.

This case (Ban 3.0) is most akin to the racial poll taxes -- in Mississippi, and Alabama -- of the 1940s, 1950s and 1960s. . . all over again -- and the court will say so. This court will not turn a blind eye, to invidious discrimination based on religion -- here, in the second decade of the 21st Century (or so. . . I fervently hope).

Namaste. . . .

Anonymous said...

I hope you are correct. Thanks for the indulgence.

condor said...

Nah — thanks for asking!

Now we wait until end of June — most likely — for a ruling on the merits.

Namaste!