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AMAG Pharmaceuticals (AMAG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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AMAG Pharmaceuticals, Inc. is an American pharmaceutical company developing products that treat iron deficiency anemia (IDA) in adult patients. The company was a publicly traded company listed on NASDAQ under the symbol "AMAG" until November 2020 when it was acquired by Covis Pharma.
The core business of the AMAG Group is the company AMAG Automobil- und Motoren AG founded in 1945 by Walter Haefner and based in Zurich. On 29 April 1948, the company signed an import agreement with Volkswagen, and then again with Porsche in 1951, both of which continue to form the basis of the car import business operated by AMAG.
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AMAG may stand for: American Mission for Aid to Greece, Cold War mission established under the Truman Doctrine; Austria Metall AG, an Austrian metal manufacturer. AMAG Automobil- und Motoren AG, a Swiss automobile importer. Asian Martial Arts Games; AMAG Technology, a US manufacturer of access control and video security systems.
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