Amgen, Inc. (AMGN) Misses Q1 EPS by 7c

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Amgen (AMGN) Q1 'Disappointing' - Nomura

April 23, 2014 7:43 AM EDT

Nomura Securities analyst M. Ian Somaiya reiterated a Neutral rating on Amgen (NASDAQ: AMGN) and trimmed his price target from $130 to $129 following 'Disappointing' Q1 results.

Somaiya said, "We are lowering estimates and target price to $129 from $130 following a disappointing 1Q14 earnings that... More