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RBC Capital and Citigroup changed their price targets for Amgen after its Q3 earnings report.

OpinionRead the original at marketscreener.com
Good for AMGN

Amgen reported better-than-expected third-quarter results and raised its full-year forecast. RBC and Citi raised their targets, though those targets are opinions, not company results.

AMGN · Amgen

AI read · Good for AMGN

The AI's read

The stronger results and higher full-year forecast give the raised targets a business reason. The target changes are analysts’ opinions, not guarantees, but both point in the same direction.

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