Court Grants Permanent Injunction For Infringement Of Amgen's Repatha Patents

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Amgen (AMGN) PT Raised to $165 at Baird on Permanent Injunction Win

January 6, 2017 6:16 AM EST

Baird analyst Brian Skorney raised his price target on Amgen (NASDAQ: AMGN) to $165.00 (from $157.00), saying they are incrementally positive on permanent injunction win. The firm maintained a Neutral rating.

Skorney commented, "Amgen continues to rack up wins against Regeneron and Sanofi, with the most... More