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Stock impact report

Brokers Suggest Investing in Amphastar (AMPH): Read This Before Placing a Bet [Yahoo! Finance]

Amphastar Pharmaceuticals, Inc. (AMPH) 
Last amphastar pharmaceuticals, inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.amphastar.com/investor-relations
Company Research Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Amphastar Pharmaceuticals (AMPH). Amphastar currently has an average brokerage recommendation (ABR) of 1.57, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by seven brokerage firms. An ABR of 1.57 approximates between Strong Buy and Buy. Of the seven recommendations that derive the current ABR, five are Strong Buy, representing 71.4% of all recommendations. Check price target & stock forecast for Amphastar here The ABR suggests buying Amphastar, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommend Show less Read more
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