2020-05-01 06:33:25 AMGN Amgen
05/01/20 05/0106:33 05/01/2006:33 | Amgen price target raised to $237 from $220 at Wells FargoWells Fargo analyst Jim Birchenough raised the firm's price target on Amgen to $237 from $220 and keeps an Equal Weight rating on the shares following the company's Q1 results and 2020 outlook. Birchenough tells investors in a research note that while Q1 performance was solid, he believes shares are fully valued on current growth and remains less optimistic regarding prospects for AIMOVIG growth, sotorasib success against KRAS+ tumors and differentiation of T-cell engagers. |
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