RBC Capital Markets Raises Price Target on Gilead Sciences
RBC Capital Markets increased its price target for Gilead Sciences to $131 from $126 while maintaining a 'Sector Perform' rating.
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Gilead stock rose after Q3 earnings beat Wall Street estimates and strong HIV drug demand prompted an increased 2026 sales forecast.
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RBC Capital Markets increased its price target for Gilead Sciences to $131 from $126 while maintaining a 'Sector Perform' rating.
Analysts raised targets for Cheniere and Incyte, while cutting Stryker, Roblox, Intel and Honeywell; Bright Horizons was downgraded.
Analysts at Cantor Fitzgerald and Needham maintained positive ratings on Gilead Sciences following the company's third-quarter earnings report.
Gilead Sciences maintains an option to license Assembly Biosciences' ABI-6250 for chronic HDV infection following the completion of a Phase 2 clinical study.
Gilead Sciences reported strong third-quarter 2026 financial results, exceeding analyst expectations for both revenue and earnings per share, and raised its full-year base business revenue guidance.
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