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Top Pictet Fund Manager Sees Biotech Stocks Joining AI-Euphoria [Yahoo! Finance]
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investors.gilead.com
Most Read from Bloomberg Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 Million Trump's Net Worth Hits $6.5 Billion, Making Him One of World's 500 Richest People After Exposing Realtors, Eliminate the Mortgage Interest Deduction Putin Blames Islamists For Moscow Attack While Still Accusing Ukraine The biotech sector is showing significant catch-up potential, after missing out on the investor euphoria that's driven AI stocks to new heights in recent months, said Hans Peter Portner, who manages Banque Pictet & Cie's largest fund, Global Megatrend Selection. “We are ahead of a massive wave of new innovation in general, but in particular within biotech due to AI,” Portner said in an interview in Geneva. He said he expects Pictet's biotech-focused fund to double in size in the next three years. The firm's broader Global Megatrend Selection fund has about $13.4 billion in assets under management. It has gained about 23% in the past year, compared to a 32% increase in t
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NEWS
- Gilead Sciences, Inc. (NASDAQ: GILD) had its price target lowered by analysts at Morgan Stanley from $80.00 to $78.00. They now have an "equal weight" rating on the stock.[MarketBeat]
- Gilead Sciences, Inc. (NASDAQ: GILD) had its price target lowered by analysts at TD Cowen from $90.00 to $85.00. They now have a "buy" rating on the stock.[MarketBeat]
- Gilead Sciences, Inc. (NASDAQ: GILD) had its price target lowered by analysts at Royal Bank of Canada from $76.00 to $74.00. They now have a "sector perform" rating on the stock.[MarketBeat]
- Gilead (GILD) Q1 Loss Narrower Than Expected, Sales Beat [Yahoo! Finance][Yahoo! Finance]
- Merus (MRUS) Moves 7.1% Higher: Will This Strength Last? [Yahoo! Finance][Yahoo! Finance]
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GILD
SEC Filings
SEC Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 8-K
- 4/2/24 - Form 4
- GILD's page on the SEC website
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