Amgen (AMGN) Tops Q2 EPS by 14c, Raises FY Guidance

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Piper Jaffray Raises Price Target on Amgen (AMGN) to $200 Following 2Q EPS Beat

July 31, 2015 10:47 AM EDT

Piper Jaffray reiterated an Overweight rating on Amgen (NASDAQ: AMGN), and raised the price target to $200.00 (from $192.00), following 2Q earnings results. Total revenue of $5.37B was ahead of consensus by $64M. EPS of $2.57 beat estimates by $0.16 aided by lower than expected R&D.... More

Amgen (AMGN) PT Raised to $193 at Cowen Post Q2

July 31, 2015 6:46 AM EDT

Cowen analyst Eric Schmidt reiterated an Outperform rating and boosted his price target on Amgen (NASDAQ: AMGN) to $193.00 (from $189.00) amid better-than-expected Q2 results.

Schmidt commented, "Amgen reported above-consensus Q2 revenue ($5.37B vs. $5.31BE) and non-GAAP EPS ($2.57 vs. $2.41E), and raised 2015 revenue... More