Oppenheimer Reiterates Outperform on Amgen, Maintains $280 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Jay Olson reiterates an Outperform rating on Amgen (NASDAQ:AMGN) and maintains a $280 price target.

May 18, 2023 | 12:05 pm
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Oppenheimer analyst Jay Olson reiterates an Outperform rating on Amgen and maintains a $280 price target.
The news of Oppenheimer analyst Jay Olson reiterating an Outperform rating on Amgen and maintaining a $280 price target is positive for the stock. This reaffirms the analyst's confidence in the company's performance and growth potential, which could lead to an increase in investor interest and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100