AMGEN HIGHLIGHTS HEMATOLOGY PORTFOLIO AT ASH 2023

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RBC Capital upgrades Amgen (AMGN) on 'improving position of stability' and diminishing uncertainty

December 12, 2023 8:44 AM EST

RBC Capital lifted its rating for Amgen (NASDAQ: AMGN) to Outperform from Sector Perform in a note Tuesday, raising the price target to $300 from $256 per share.

Analyst Gregory Renza said the company's pipeline optionality, as well as its 2024 catalyst setup, positions it... More