Bernstein Reaffirms Their Hold Rating on Amgen (AMGN)
In a report released yesterday, Courtney Breen from Bernstein maintained a Hold rating on Amgen, with a price target of $335.00.
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According to TipRanks, Breen is a 4-star analyst with an average return of 19.4% and an 84.09% success rate. Breen covers the Healthcare sector, focusing on stocks such as Eli Lilly & Co, Moderna, and Merck & Company.
Amgen has an analyst consensus of Moderate Buy, with a price target consensus of $366.70.
Based on Amgen’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $9.9 billion and a net profit of $1.33 billion. In comparison, last year the company earned a revenue of $9.09 billion and had a net profit of $627 million
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