Piper Sandler analyst David Amsellem upgrades Amphastar Pharmaceuticals (NASDAQ:AMPH) from Neutral to Overweight and raises the price target from $21 to $28.
Amphastar Pharmaceuticals (NASDAQ:AMPH) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $0.11 per share on revenue of $215.14 million.
Amphastar Pharmaceuticals (NASDAQ:AMPH) reported quarterly earnings of $0.21 per share which met the analyst consensus estimate. This is a 31.25 percent increase over earnings of $0.16 per share from the same period last
After pulling data from Benzinga Pro it seems like during Q1, Amphastar Pharmaceuticals (NASDAQ:AMPH) earned $10.31 million, a 257.97% increase from the preceding quarter.
Companies Reporting Before The Bell
• Privia Health Group (NASDAQ:PRVA) is projected to report quarterly loss at $1.57 per share on revenue of $215.17 million.
Biopharma stocks ended higher for the week ending Aug. 6, as the sector latched on to the optimism that was evident in the broader markets. Earnings continued to flow in, triggering stock-specific moves, while clinical readouts also moved stocks during the week.