UPDATE: Credit Suisse Downgrades Amgen to Neutral; Upgrade Catalysts Have Passed
Credit Suisse downgraded Amgen (NASDAQ: AMGN) from Outperform to Neutral and lowered the price target to $90.00.
Credit Suisse commented, "The principal reason for our downgrade is that the 3 key elements of our July 2012 report entitled "Upgrading to Outperform = Agency cost + operational gearing + defensive macro call" have been realized, in our
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UPDATE: Credit Suisse Downgrades Amgen to Neutral; Upgrade Catalysts Have Passed,
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