BMO Capital Reaffirms Their Hold Rating on Gilead Sciences (GILD)

In a report released today, Evan Seigerman from BMO Capital maintained a Hold rating on Gilead Sciences (GILDResearch Report), with a price target of $65.00. The company’s shares closed last Monday at $61.45, close to its 52-week low of $59.18.

According to TipRanks.com, Seigerman is a 4-star analyst with an average return of 7.0% and a 43.5% success rate. Seigerman covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Mirati Therapeutics, and Merck & Company.

Currently, the analyst consensus on Gilead Sciences is a Moderate Buy with an average price target of $73.13, which is a 18.2% upside from current levels. In a report issued on March 1, Robert W. Baird also maintained a Hold rating on the stock with a $63.00 price target.

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The company has a one-year high of $74.12 and a one-year low of $59.18. Currently, Gilead Sciences has an average volume of 9.54M.

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Founded in 1987, California-based Gilead Sciences, Inc. is a biopharmaceutical company, which focuses on the research, development, and commercialization of antiviral drugs used in the treatment of diseases like human immunodeficiency virus (HIV), hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi. It offers its products under brands including Harvoni, Genvoya, Epclusa, Truvada, Atripla, Descovy, Stribild, Viread, Odefsey, Complera/Eviplera, Sovaldi, and Vosevi.

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