Stocks
Amgen Stock Hits New All-Time High Amid Strong Analyst Support
Amgen Inc. (NASDAQ:AMGN) reached a new high of $443.57 in mid-day trading on Monday, surpassing its previous record for the past year.
The company's stock price closed at $439.33 before hitting this milestone, with a volume of over 1 million shares changing hands.
A total of nineteen analysts have commented on Amgen recently, with thirteen assigning a 'Buy' rating and four giving an 'Outperform' or equivalent rating.
Despite the high stock price, one analyst has given it a 'Strong Buy' rating. The consensus rating is still 'Hold', with an average target price of $380.43.