Amgen (AMGN) Tops Q1 EPS by 23c; Boosts Outlook
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Amgen (AMGN) PT Lowered to $183 at RBC Capital
April 25, 2018 7:41 AM EDTRBC Capital lowered its price target on Amgen (NASDAQ: AMGN) to $183.00 (from $189.00) while maintaining a Sector Perform rating.
Analyst Kennen MacKay said AMGN's surprise Q1:18 top and bottom line beats are tempered by legacy base business products largely driving the revenue beat.
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