HomeMarket NewsBofA Gives So-So Rating to Amphastar; Commends Baqsimi Potential

BofA Gives So-So Rating to Amphastar; Commends Baqsimi Potential

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BofA kicked off coverage of Amphastar Pharmaceuticals (NASDAQ:AMPH) with a neutral rating, expressing its belief that the company’s solid business profile is already reflected in the stock price.

β€œGiven its valuation is high relative to traditional generic peers, we initiate with a Neutral reflecting a

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