Form 8-K Amphastar Pharmaceutical For: Nov 08

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Go back to Form 8-K Amphastar Pharmaceutical For: Nov 08

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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