RBC Capital Maintains Sector Perform on Gilead Sciences, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brian Abrahams has maintained a 'Sector Perform' rating on Gilead Sciences (NASDAQ:GILD) but has reduced the price target from $78 to $77.

November 14, 2023 | 4:50 pm
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RBC Capital analyst Brian Abrahams maintains a 'Sector Perform' rating on Gilead Sciences but lowers the price target from $78 to $77.
The reduction in price target by RBC Capital is a minor adjustment, suggesting a slight change in valuation but not a change in overall company outlook. The 'Sector Perform' rating indicates that the analyst's view on Gilead Sciences remains neutral, and thus the short-term impact on the stock price is likely to be limited.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100