Is a $5 billions single product emerging? JPMorgan maintains “neutral” rating on Amgen (AMGN.US): A good drug does not equal a good buying point
智通财经2026/10/26 04:15Show original
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Golden Ten Data APP reports that JPMorgan's latest research note states that the first-line maintenance therapy data for Imdelltra, announced by Amgen (AMGN.US) at the ESMO conference last weekend, is "impressive" and may support the drug's advancement to earlier lines of treatment, potentially becoming a blockbuster worth 5 billion USD. However, the bank still maintains a "neutral" rating with a target price of 350 USD, which is lower than the current share price of approximately 439 USD.
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