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News 2026-07-07 11:21 UTC

Gilead price target lowered to $120 from $122 at RBC Capital

RBC Capital analyst Brian Abrahams lowered the firm's price target on Gilead to $120 from $122 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q2 earnings in Biotech. The biotech sector has picked up considerable momentum, with a near-unprecedented two-week move in June rel