Amphastar Pharmaceuticals (AMPH) Gets a Hold Rating from Raymond James


Raymond James analyst Elliot Wilbur reiterated a Hold rating on Amphastar Pharmaceuticals (AMPH) yesterday. The company’s shares closed last Thursday at $18.05.

According to TipRanks.com, Wilbur has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.1% and a 40.3% success rate. Wilbur covers the Healthcare sector, focusing on stocks such as Amneal Pharmaceuticals, Flexion Therapeutics, and Sol-Gel Technologies.

Currently, the analyst consensus on Amphastar Pharmaceuticals is a Moderate Buy with an average price target of $22.33.

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The company has a one-year high of $22.69 and a one-year low of $16.91. Currently, Amphastar Pharmaceuticals has an average volume of 187.6K.

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Amphastar Pharmaceuticals, Inc. engages in the development, manufacture, market, and sale of technically challenging and proprietary injectable, inhalation, and intranasal products. It operates through Finished Pharmaceutical Products, and Active Pharmaceutical Ingredients Products segments. The Finished Pharmaceutical Products segment manufactures, markets and distributes enoxaparin, cortrosyn, amphadase, naloxone, lidocaine jelly, as well as various other critical and non-critical care drugs. The Active Pharmaceutical Ingredients Products segment manufactures and distributes recombinant human insulin and porcine insulin. The company was founded by Zi-Ping Luo and Yong Feng Zhang on February 29, 1996 and is headquartered in Rancho Cucamonga, CA.

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