Goldman Sachs Maintains Buy on Amneal Pharmaceuticals, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Nathan Rich maintains a Buy rating on Amneal Pharmaceuticals (NASDAQ:AMRX) and raises the price target from $6.25 to $8.
May 06, 2024 | 3:15 pm
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Goldman Sachs maintains a Buy rating on Amneal Pharmaceuticals and increases the price target to $8.
The upgrade in the price target by a reputable analyst firm like Goldman Sachs typically signals a strong conviction in the company's future performance. This endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100