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Published on 4/18/2006 in the Prospect News Biotech Daily.

Amgen at hold by Jefferies

Amgen Inc. was rated at hold by Jefferies & Co., Inc. analyst Adam Walsh in anticipation of the company's earnings call on Thursday. Jefferies forecasts first-quarter 2006 total revenue and earnings per share of $3.3 billion and $0.89, respectively. Shares of the Thousand Oaks, Calif., biotechnology company were up $1.35, or 1.95%, at $70.96 on volume of 10,257,423 shares versus the three-month running average of 10,848,400 shares. (Nasdaq: AMGN)


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