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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An analyst has increased the price target for Amgen Inc. shares to $400.00 from $345.00.
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Guggenheim maintained its Neutral rating on Amgen while increasing its price target from $378 to $435.
Amgen reported new real-world study data indicating that its cholesterol-lowering medication Repatha (evolocumab) outperformed ezetimibe in reducing heart disease risk.
Following the company's third-quarter earnings report, financial institutions including RBC Capital and Citigroup adjusted their price targets for Amgen shares.