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Stockreport

Morgan Stanley Raises Amgen (AMGN) Target Ahead of Q1, Truist Lifts Outlook on Pipeline Strength [Yahoo! Finance]

Amgen Inc. (AMGN)  More Company Research Source: Yahoo! Finance
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
On April 10, Morgan Stanley analyst Terence Flynn raised the firm's price recommendation on Amgen Inc. (NASDAQ:AMGN) to $326 from $309. It reiterated an Equal Weight rating on the shares. The firm updated its models across biopharma coverage, reflecting IQVIA trends and intra-quarter changes ahead of Q1 earnings. On April 8, Truist also boosted its price goal on Amgen to $325 from $319 and maintained a Hold rating. The update came as part of a broader preview of Q1 earnings across the biotech sector. The firm said that reactions to regulatory and policy shifts have started to ease. It also pointed to a recent pickup in deal activity, which it believes could carry momentum through the rest of the year and into the mid-term period. For Amgen specifically, Truist raised its longer-term penetration assumptions for Krystexxa, reflecting stronger patent protection through 2040. It also increased the probability of success for MariTide, citing improved confidence in its commercial potenti [Read more]

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Stockreport

Morgan Stanley Raises Amgen (AMGN) Target Ahead of Q1, Truist Lifts Outlook on Pipeline Strength [Yahoo! Finance]

Amgen Inc.  (AMGN) 
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
On April 10, Morgan Stanley analyst Terence Flynn raised the firm's price recommendation on Amgen Inc. (NASDAQ:AMGN) to $326 from $309. It reiterated an Equal Weight rating on the shares. The firm updated its models across biopharma coverage, reflecting IQVIA trends and intra-quarter changes ahead of Q1 earnings. On April 8, Truist also boosted its price goal on Amgen to $325 from $319 and maintained a Hold rating. The update came as part of a broader preview of Q1 earnings across the biotech sector. The firm said that reactions to regulatory and policy shifts have started to ease. It also pointed to a recent pickup in deal activity, which it believes could carry momentum through the rest of the year and into the mid-term period. For Amgen specifically, Truist raised its longer-term penetration assumptions for Krystexxa, reflecting stronger patent protection through 2040. It also increased the probability of success for MariTide, citing improved confidence in its commercial potenti [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMGN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS