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Amphastar Shares Fall After Wells Fargo Downgrade

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Amphastar Pharmaceuticals (AMPH) shares were falling over 4% in late Thursday trading after Wells Fargo downgraded the stock to equal-weight from overweight, and cut its price target to $19 from $30.

Trading volume stood at more than 448,000 shares, compared with a daily average of about 592,000.

Price: $17.43, Change: $-0.89, Percent Change: -4.86%

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