RBC Capital Raises Gilead Sciences Price Target to $95 After Patient Survey Insights

Reported about 1 month ago

RBC Capital has increased its price target for Gilead Sciences (GILD) to $95, up from $92, based on insights from a 2022 patient survey regarding lenacapavir. This survey, assessing perceptions of the drug among high-risk individuals on and off PrEP, indicates potential growth for Gilead despite a slight revenue miss in Q1 2025. Gilead's full-year revenue guidance remains at $28.4 billion, bolstered by strong demand in its HIV and liver disease segments.

Source: YAHOO

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