Friday, September 7, 2012

Chart of the Day - Gilead Sciences (GILD)

The "Chart of the Day" is Gilead Sciences (GILD), which showed up on Wednesday's Barchart "All-Time High" list. Gilead on Wednesday rallied to a new all-time high of $59.10 and closed +0.74%. TrendSpotter has been long since June 27 at $51.25. In recent news on the stock, UBS on Aug 30 reiterated its Buy rating on Gilead and raised its target to $65 from $61. Needham on Aug 28 reiterated its Buy rating on Gilead and raised its target to $65 from $56. Gilead Sciences, with a market cap of $43 billion, is a biopharmaceutical company that seeks to provide accelerated solutions for patients and the people who care for them.

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