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Amgen (NASDAQ:AMGN) Lowered to "Buy" Rating by Wall Street Zen
Wall Street Zen has downgraded Amgen (NASDAQ:AMGN) from a “strong-buy” to a “buy” rating, despite the overall analyst consensus remaining a “Moderate Buy” with a $351.65 price target. The company recently surpassed Q4 earnings estimates and provided optimistic FY2026 guidance, but faces challenges from CVS replacing some of its bone disease treatments with lower-cost alternatives and recent insider stock sales. Other analysts have recently reiterated or increased their price targets for Amgen.