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Just as investors began digesting the news, Wall Street moved to temper expectations.To be clear, it i","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1929549753.HKD","LU2125909247.SGD","LU1571399168.USD","SG9999001440.SGD","BK4551","LU1035773651.USD","LU0265550359.USD","VHT","LU0070302665.USD","LU0985320562.USD","LU0130102774.USD","LU2461242641.AUD","LU0238689110.USD","LU1917777945.USD","LU1989771016.USD","SG9999001176.SGD","IE00B4R5TH58.HKD","BK4568","FHLC","LU0208291251.USD","LU0965509010.AUD","IE00B1BXHZ80.USD","LU0265550946.USD","IE00BLSP4452.SGD","SG9999014575.USD","LU0648001328.SGD","LU1116320901.HKD","LU1037948541.HKD","BK4588","LU0320765646.SGD","WDNA","LU1116320737.USD","LU1923622614.USD","LU2324357040.USD","LU0124676726.USD","MRK","SG9999002232.USD","LU1974910355.USD","LU1585245621.USD","LU0098860793.USD","IE00BJT1NW94.SGD","IE0009355771.USD","LU2361045086.USD","LU1934455277.USD","LU2468319806.SGD","LU1699723380.USD","BK4585","IE00BJJMRZ35.SGD","LU2361044949.HKD","IYH","GNOM","BK4532","LU0432979614.USD","LU1093756325.SGD","BK4559","TRUH","LU1941712348.USD","LU0122379950.USD","LU1037948897.HKD","LU0965509101.SGD","LU1989772840.SGD","LU1201861249.SGD","BK4007","LU0859254822.USD","LU2125909593.SGD","LU2357627491.SGD","IE00BBT3K403.USD","SG9999015358.SGD","LU1061106388.HKD","LU1066053197.SGD","PPH","LU0266013472.USD","LU0211331839.USD","BK4139","IE00BN8TJ469.HKD","LU2089984988.USD","LU1069347547.HKD","LU2125154778.USD","LU1934455863.HKD","RXL","LU1989772923.USD","LU2106854487.HKD","LU1066051811.HKD","GDOC","BK4534","BMED","LU0868494617.USD","LU2125154935.USD","FTXH","LU2023250504.SGD","LU0965509283.SGD","SG9999001176.USD","XLV","JDOC","SG9999002224.SGD","BK4550","LU0868494708.USD","LGHT","SG9999014559.SGD","IXJ","SG9999014567.USD","LU0861579265.USD","LU0203345920.USD","LU1162221912.USD","LU1934455194.USD","SGXZ57979304.SGD","LU1983299246.USD","MRNX","BK4533","LU1093756168.USD","SG9999013999.USD","IE00BFTCPJ56.SGD","LU1941712264.USD","SG9999015341.SGD","IE00BSNM7G36.USD","MRNY","HRTS","LU1066051225.USD","LU0965508806.USD","LU0320765489.SGD","LU0130517989.USD","LU0289739699.SGD","LU0942090050.USD","LU0058720904.USD","LU0689626769.HKD","LU2112291526.USD","LU2360032135.SGD","LU2491049909.HKD","IE0002141913.USD","LU0980610538.SGD","LU1057294990.SGD","MRNA","LU1430594728.SGD","LU0823416689.USD","LU1066051498.USD","SG9999014542.SGD","LU2361044865.SGD","IDNA","LU1291159041.SGD","BK4501","LU2491050154.USD","LU0006306889.USD","LU0477156953.USD","LU0203347892.USD","LU2491050071.SGD","IHE","IE00B2B36J28.USD","LU2023250843.SGD","LU2433249047.HKD","BK4516","LU0234572021.USD","IE00BLSP4239.USD","LU0106261372.USD","LU1023059063.AUD","PAWZ","IE000M9KFDE8.USD","BK4548"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2660233073","title":"Merck's Momentum Remains Strong But Valuation Limits Further Upside, RBC Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2660233073","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2660233073?lang=en_us&edition=fundamental","pubTime":"2026-08-20 23:28","pubTimestamp":1787239730,"startTime":"0","endTime":"0","summary":"Merck's  strong momentum continues, driven by better-than-expected cancer vaccine data, but valuation now fully reflects the upside, RBC Capital Markets said in a note Thursday.The analysts said that, at $150, Merck is trading at a historically high valuation despite facing a major loss of exclusivity in two years and only modest near-term growth. Further upside would require its pipeline to outperform already-high expectations, limiting the risk/reward at current levels.The analysts said they remain positive on near-term catalysts, especially Sac-TMT data at ESMO and TL1A trial results in ulcerative colitis and hidradenitis suppurativa. \"However, expectations are high, and the pipeline benefits from a halo effect. Any material disappointment could trigger a disproportionate negative reaction,\" the firm said.The analysts said that beyond the upcoming Q3 readouts, further upside would likely require more business development activity, faster growth outside Keytruda, or positive 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