BUZZ-Amneal Pharma rises; J.P.Morgan upgrades stock, raises PT

Reuters
02-24
BUZZ-Amneal Pharma rises; J.P.Morgan upgrades stock, raises PT

** U.S. drug developer Amneal Pharmaceuticals AMRX.O rises 4.09% to $8.15 in premarket trading

** J.P.Morgan upgrades to "overweight" from "neutral"; lifts PT from $9 to $12, ~42% upside to last close of $7.83

** Says co well-positioned for sustainable high single-digit growth, driven by strong portfolio of complex generics and biosimilars

** Expects AMRX to outperform peers significantly on successful launch of Crexont, used to treat Parkinson's disease, and AvKARE's (co's independent subsidiary) impressive growth

** Stock rated "buy" on avg; median PT is $11 - LSEG

** AMRX down 1.13% so far this year, as of Friday's close

(Reporting by Rashika Singh in Bengaluru)

((rashika.singh@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10