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Mizuho Securities Remains a Hold on Amgen (AMGN)

Mizuho Securities analyst Salim Syed maintained a Hold rating on Amgen (AMGNResearch Report) today and set a price target of $202.00. The company’s shares closed last Tuesday at $235.52.

According to TipRanks.com, Syed has 0 stars on 0-5 stars ranking scale with an average return of -14.3% and a 36.1% success rate. Syed covers the Healthcare sector, focusing on stocks such as Atara Biotherapeutics, Coherus Biosciences, and Unity Biotechnology.

Currently, the analyst consensus on Amgen is a Hold with an average price target of $243.07.

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Amgen’s market cap is currently $131.6B and has a P/E ratio of 22.93.

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Founded in 1980, California-based Amgen, Inc. is one of the world’s leading biotechnology companies, which is engaged in the discovery, development, manufacture and marketing of human therapeutics. It primarily focuses on inflammation, oncology/hematology, bone health, cardiovascular disease, nephrology and neuroscience areas.

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