UBS Maintains Neutral on Amgen, Lowers Price Target to $314
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Colin Bristow has maintained a Neutral rating on Amgen (NASDAQ:AMGN) and reduced the price target from $315 to $314.

January 29, 2024 | 4:44 pm
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NEUTRAL IMPACT
UBS analyst Colin Bristow maintained a Neutral rating on Amgen and lowered the price target by $1 to $314.
The adjustment in price target by UBS is minimal, suggesting only a slight change in valuation assessment. The maintenance of a Neutral rating indicates no significant change in the company's outlook. Therefore, the impact on the stock price is likely to be neutral in the short term.
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IMPORTANCE 60
RELEVANCE 100