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Jefferies Reiterates Buy on Amgen (AMGN) Following FDA Approval of Humira Biosimilar
July 13, 2016 8:24 AM EDTJefferies reiterated a Buy rating and $187.00 price target on Amgen (NASDAQ: AMGN) following the FDA's approval recommendation of AMGN's Humira Biosimilar. The FDA voted unanimously, noting that the totality of the evidence demonstrates biosimilarity of ABP 501 vs. Humira.
Analyst Eun Yang commented, "While... More
