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Stock impact report

Bernstein Calls 2026 a “Waiting Year” for Amgen's (AMGN) MariTide [Yahoo! Finance]

Amgen Inc. (AMGN) 
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
Company Research Source: Yahoo! Finance
On January 20, Bernstein downgraded Amgen Inc. (NASDAQ:AMGN) to Market Perform from Outperform, while leaving its $335 price target unchanged. The firm said the decision was mainly driven by its view that “2026 is a waiting year” for MariTide. Bernstein also flagged a few new issues that could hang over the stock, including possible risk to Repatha as Merck's (MRK) enlicitide pricing comes into focus. The analyst also noted there is still uncertainty around how meaningful Lp(a) outcomes could be, with more clarity expected only after investors can draw comparisons from Novartis' (NVS) pelicarsen data. Separately, on January 6, Amgen said it will acquire Dark Blue Therapeutics Ltd., a privately held biotech company based in the U.K. The transaction is valued at up to $840 million. This deal strengthens Amgen's oncology pipeline by adding an investigational small molecule aimed at degrading two proteins, MLLT1/3, which are believed to drive certain forms of acute myeloid leukemia ( Show less Read more
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