Amgen (AMGN) Modestly Higher Into Q1 Results

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Amgen (AMGN) Price Target Raised to $195 at Jefferies

April 22, 2015 11:41 AM EDT

In a note earlier, Jefferies analyst Eun K. Yang reiterated a Buy rating and boosted his price target on Amgen (NASDAQ: AMGN) to $195.00 (from $182.00) following Q1 results.

Yang commented, "Reported ~18% higher EPS (vs. cons) on ~3% higher product sales & lower OpEx; upped FY15 EPS guidance... More

Amgen (AMGN) Tops Q1 EPS by 38c; Boosts FY15 Outlook

April 21, 2015 4:03 PM EDT

Amgen (NASDAQ: AMGN) reported Q1 EPS of $2.48, $0.38 better than the analyst estimate of $2.10. Revenue for the quarter came in at $5.03 billion versus the consensus estimate of $4.91 billion.

Amgen sees FY2015 EPS of $9.35 - $9.65, versus the consensus of $9.32. Amgen sees FY2015 revenue of $20.9 - $21.3... More