Amphastar Pharmaceuticals Reports Financial Results for the Three Months Ended September 30, 2017

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Amphastar Pharmaceuticals (AMPH) PT Raised to $23 at Jefferies

November 9, 2017 8:28 AM EST

Jefferies raised its price target on Amphastar Pharmaceuticals (NASDAQ: AMPH) to $23.00 (from $19.00) while maintaining a Buy rating.

Analyst David Steinberg notes revenue for the quarter came in slightly above their estimates at $57.9M largely due to better than expected Naloxone... More

Amphastar Pharmaceuticals (AMPH) PT Raised to $23 at Piper Jaffray

November 9, 2017 7:52 AM EST

Piper Jaffray raised its price target on Amphastar Pharmaceuticals (NASDAQ: AMPH) to $23.00 (from $19.00) while maintaining an Overweight rating.

Analyst David Amsellem notes solid performance from the base business. The analyst believes there is still room for meaningful value creation in the context of an EV/2018E EBITDA of 10x-11x.

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