Analyst Ratings for Amgen
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Amgen (NASDAQ:AMGN) in the last quarter, with 6 bullish, 4 somewhat bullish, 9 indifferent, and no bearish ratings. Over the past 3 months, 19 analysts have set a 12-month price target for Amgen, averaging $289.95, which is a 4.06% increase from the previous target of $278.64. The high target is $320.00 and the low is $240.00. Analyst ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.

November 29, 2023 | 6:00 pm
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Amgen has received a majority of positive ratings from analysts, with an increased average price target of $289.95, suggesting a bullish outlook for the stock.
The positive analyst ratings and the increase in the average price target for Amgen indicate a strong bullish sentiment among experts, which could lead to a short-term increase in the stock price as investors react to the positive forecasts.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100