Amgen shares are trading higher after Leerink Partners upgraded the stock from Market Perform to Outperform.
Portfolio Pulse from Bill Haddad
Amgen's stock has been upgraded from Market Perform to Outperform by Leerink Partners, leading to a rise in the company's shares.
October 11, 2023 | 7:39 pm
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Amgen's stock has been upgraded by Leerink Partners, which has led to an increase in the company's share price.
The upgrade from Leerink Partners is a positive signal for investors, indicating that the firm sees potential for Amgen's stock to outperform the market. This has led to increased buying pressure, driving up the share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100