This Is What Whales Are Betting On Amgen
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Amgen (NASDAQ:AMGN) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split, with 60% bullish and 40% bearish. The whales have been targeting a price range from $230.0 to $270.0 for Amgen over the last 3 months. The price of AMGN is currently down -0.02% at $257.56. Analysts from RBC Capital, Jefferies, Oppenheimer, and Mizuho have given varied ratings and price targets for the company.

August 23, 2023 | 8:01 pm
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A large investor has taken a bullish stance on Amgen, with a significant options position. Analysts have given varied ratings and price targets.
The news of a large investor taking a bullish stance on Amgen, as indicated by a significant options position, is likely to have a positive impact on the company's stock in the short term. The varied ratings and price targets given by analysts may cause some uncertainty among investors, but the overall sentiment appears to be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100