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Stock impact report

Gilead Sciences (GILD) Set to Acquire Arcellx [Yahoo! Finance]

Arcellx, Inc. (ACLX) 
Company Research Source: Yahoo! Finance
17 the attainment of all required regulatory approvals for its previously announced acquisition of Arcellx. The company also stated that it has extended the expiration of the tender offer to purchase all outstanding shares of common stock of Arcellx. Citi Raises Gilead (GILD) Price Target Ahead of Q1 Biopharma Preview In a separate development, Gilead Sciences, Inc. (NASDAQ:GILD) received a rating update from Truist on April 8, with the firm lifting the price target on the stock to $155 from $152 while reaffirming a Buy rating on the shares. The rating update came as part of a broader research note previewing fiscal Q1 earnings in Biotech, with the firm stating that reactivity to regulatory and policy shifts across the sector is continuing to ease. Truist also noted a recent pickup in deal activity, which it believes holds the potential to build momentum through the remainder of the year into midterms. The firm further told investors in a research note that for Gilead Sciences, Show less Read more
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