Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Vetr Urges Hold On Gilead After Kite Merger

Courtesy of Benzinga.

On Friday, the Vetr crowd downgraded its rating on Gilead Sciences, Inc. (NASDAQ: GILD) from 3.5 stars (Buy), issued a week ago, to 3 stars (Hold). Crowd sentiment at the time of this writing was generally cautious, with 62 percent of Vetr user ratings bearish.

Earlier in the week, Gilead announced plans to acquire Kite Pharma Inc (NASDAQ: KITE). Since then, share price in the biotech has jumped by 13.5 percent to $83.75.

The announcement also garnered a fair amount of analyst attention. Argus’ David Toung issued an upgrade on the stock from Hold to Buy on Thursday while, two days earlier, Robert Spingarn of Credit Suisse raised his price target on the stock from $79 to $85.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd’s average price target on Gilead is up at $86.44,  which is above the average analyst target price of $83.59. More than 2 percent of users are holding $GILD in their watch-lists.

Latest Ratings for GILD

Date Firm Action From To
Aug 2017 Argus Upgrades Hold Buy
Aug 2017 Credit Suisse Maintains Outperform
Jul 2017 Redburn Initiates Coverage On Buy

View More Analyst Ratings for GILD


View the Latest Analyst Ratings

Posted-In: VetrDowngrades Price Target Crowdsourcing Analyst Ratings General


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!