Argus Research Maintains Buy on Amgen, Lowers Price Target to $260
Portfolio Pulse from richadhand@benzinga.com
Argus Research analyst David Toung maintains a Buy rating on Amgen (NASDAQ:AMGN) but lowers the price target from $270 to $260.
June 26, 2023 | 3:42 pm
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Argus Research maintains a Buy rating on Amgen (NASDAQ:AMGN) but lowers the price target from $270 to $260.
Argus Research's lowered price target on Amgen may cause short-term uncertainty, but the maintained Buy rating indicates a positive outlook for the stock. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100