UPDATE 1-Merck up as Zetia trial less damaging than feared

* Zetia trial results less damaging to Merck than expected

* Merck shares rise 2.7 pct; Abbott up 1.3 pct

* Trial results presented at AHA meeting in Orlando

(Updates with details, additional analyst comment)

BOSTON, Nov. 16 (Reuters) - Shares of Merck & Co Inc(MRK.N) rose 2.7 percent on Monday after results of a clinicaltrial of its cholesterol drug Zetia were not as negative assome analysts had expected.

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