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UBS Turns More Bullish on Gilead Sciences, Inc. (GILD) Amid Positive Pharma Sector Outlook [Yahoo! Finance]
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations: investors.gilead.com
Sciences, Inc. (NASDAQ:GILD) from $145 to $155 and maintained a Buy rating, according to TheFly. Slightly below the consensus 1-year high price target, the revised target implies nearly 12% upside. From appealing valuations and light positioning to supporting drug-pricing overhangs and sustained pharma-led M&A activity, there are many reasons to believe in the strong performance of the U.S. Pharmaceuticals and Biotechnology group, the analyst noted. UBS noted that although there are worries regarding the conservative guidance, particularly after the recent rally, inexpensive valuations for big pharma and biotech are expected to continue positive money flows into the sector. Copyright: dolgachov / 123RF Stock Photo On the same day, BMO Capital also raised its target on Gilead Sciences, Inc. (NASDAQ:GILD) to $150 from $135 and reiterated an Outperform rating on the stock. While highlighting the Yeztugo launch, which achieved $150 million in FY25 sales, the firm cited strong moment
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