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Gilead Sciences (GILD) Receives a Buy from Scotiabank

Tipranks - Tipranks - Wed Aug 5, 8:38AM CDT

In a report released today, Louise Chen from Scotiabank maintained a Buy rating on Gilead Sciences, with a price target of $177.00.

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According to TipRanks, Chen is a 4-star analyst with an average return of 4.4% and a 49.29% success rate. Chen covers the Healthcare sector, focusing on stocks such as Gilead Sciences, Johnson & Johnson, and Merck & Company.

In addition to Scotiabank, Gilead Sciences also received a Buy from Truist Financial’s Gregory Renza in a report issued today. However, on July 29, Barclays maintained a Hold rating on Gilead Sciences (NASDAQ: GILD).

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Based on Gilead Sciences’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.96 billion and a net profit of $2.02 billion. In comparison, last year the company earned a revenue of $6.67 billion and had a net profit of $1.32 billion

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