Piper Sandler Lowers Amgen's Price Target Despite Long-Term Growth Potential

On May 14, Piper Sandler reduced its price target for Amgen (AMGN) to $427 from $432 while maintaining an Overweight rating. The firm highlighted long-term growth potential driven by rare disease products like Uplizna and Tepezza. A week earlier, Freedom Broker upgraded AMGN to Buy.

By Vardah Gill Mon, May 18, 2026 at 2:10 PM PDT 2 min read · Yahoo Finance ·

Piper Sandler Lowers Amgen's Price Target Despite Long-Term Growth Potential

Tickers: $AMGN

Topics: Biotechnology Earnings Outlook Stock Analysis

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