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

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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) Price Target Lifted to $187 at Leerink Partners

April 22, 2015 7:49 AM EDT

Leerink Partners analyst Howard Liang reiterated an Outperform rating and boosted estimates and his price target on Amgen (NASDAQ: AMGN) to $187.00 (from $177.00) following strong results.

Liang commented, "AMGN reported a strong first quarter last night, with a broad range of products contributing to a ~$117M sales beat vs. consensus and approximately twice this number in lower-than-expected operating expenses, leading to... More

Amgen (AMGN) Modestly Higher Into Q1 Results

April 21, 2015 2:09 PM EDT

Amgen (NASDAQ: AMGN) is up 1% into earnings after the close of trading today. Analysts on average are looking for EPS of $2.10 on revenues of $4.91 billion, representing year-over-year growth of 12% and 9%, respectively. On average over the past four quarters, the company has beaten the EPS consensus by 6%. The... More