Guggenheim Adjusts Price Target on Amgen to $435
Guggenheim maintained its Neutral rating on Amgen while increasing its price target from $378 to $435.
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Amgen reported that its Phase 3 OASIZ-301 study for dazodalibep met its primary endpoint and its Phase 3 TEPEZZA study in Japanese patients met primary endpoints, while the FDA approved updated labeling for IMDELLTRA.
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Guggenheim maintained its Neutral rating on Amgen while increasing its price target from $378 to $435.
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