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Scotiabank Reaffirms Their Buy Rating on Gilead Sciences (GILD)

Tipranks - Tipranks - Wed Mar 25, 6:48AM CDT

Scotiabank analyst Louise Chen maintained a Buy rating on Gilead Sciences today and set a price target of $177.00.

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According to TipRanks, Chen is a 4-star analyst with an average return of 3.5% and a 47.33% success rate. Chen covers the Healthcare sector, focusing on stocks such as Merck & Company, Gilead Sciences, and Johnson & Johnson.

In addition to Scotiabank, Gilead Sciences also received a Buy from Truist Financial’s Gregory Renza in a report issued today. However, on March 12, Barclays assigned a Hold rating to Gilead Sciences (NASDAQ: GILD).

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Based on Gilead Sciences’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.93 billion and a net profit of $2.18 billion. In comparison, last year the company earned a revenue of $7.57 billion and had a net profit of $1.78 billion

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