Amgen: The Buying Opportunity Has Now Arrived (Rating Upgrade)
Portfolio Pulse from
Amgen's stock has underperformed the S&P 500, but with rising revenue and EPS in Q3, and successful deleveraging efforts, it presents a buying opportunity. The company aims to return to its pre-Horizon capital structure by 2025.

January 06, 2025 | 12:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Amgen's stock has underperformed the S&P 500, but with rising revenue and EPS in Q3, and successful deleveraging efforts, it presents a buying opportunity. The company aims to return to its pre-Horizon capital structure by 2025.
Amgen's improved financial performance in Q3, including higher revenue and EPS, along with its progress in deleveraging, suggests a positive outlook. The company's plan to return to its pre-Horizon capital structure by 2025 further supports the potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100