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Enter Symbol:
 
Amgen Inc. (AMGN) [hlAlert]

Rating:
Hold AMGN

Amgen Inc. (AMGN) downgraded to Hold by Argus

Posted on: Thursday,  Aug 2, 2012  9:25 AM ET by Argus

Argus rated Hold Amgen Inc. (NASDAQ: AMGN) on 08/02/2012. Previously Argus rated Buy Amgen Inc.
(NASDAQ: AMGN) on 06/16/2010., when the stock price was $55.24. Since then, Amgen Inc. has gained 46.40% of its value until Argus rated AMGN Buy on 08/02/2012, when the price was $80.87. .

Amgen Inc. discovers, develops and delivers innovative human therapeutics. A biotechnology pioneer, Amgen was one of the first companies to realize the new science's promise by bringing safe and effective medicines from lab, to manufacturing plant, to patient. Amgen therapeutics have changed the practice of medicine, helping millions of people around the world in the fight against cancer, kidney disease, rheumatoid arthritis, and other serious illnesses. With a deep and broad pipeline of potential new medicines, Amgen remains committed to advancing science to dramatically improve people's lives.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/29/2014 3:25 PM Buy
None
158.46 185.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  25.94 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/4/2014 12:00 AM Buy
None
128.65 140.00
1/31/2014 3:25 PM Buy
None
119.54 135.00
1/25/2013 8:25 AM Buy
None
82.92 96.00
1/25/2013 8:25 AM Buy
None
82.92 96.00
8/2/2012 9:25 AM Hold
None
80.87
6/16/2010 3:25 PM Buy
None
55.24 63.00
7/30/2009 2:25 PM Hold
None
63.28
10/24/2008 9:25 AM Buy
None
53.31 68.00

(*) Stock Price at the time of the recommendation.
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