Merck KGaA's Process Solutions Unit Offers Hope -- Market Talk
Dow Jones
May 15, 2025
0834 GMT - Germany's Merck KGaA's results are mixed but positive momentum at its process solutions unit could help limit further downside to the stock, Stifel analysts say in a note. The German pharmaceutical company's process solutions division showed signs of recovery, growing organically by 11%, the analysts say. "Overall we find the LS PS progress encouraging, and see a path for the stock to find a floor," they say. Shares fall 5.6 % to 116.95 euros. (helena.smolak@wsj.com)
(END) Dow Jones Newswires
May 15, 2025 04:34 ET (08:34 GMT)
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