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UPDATE: Barclays Initiates Coverage On Gilead Sciences, 'Should Remain Ahead Of Its Peers'
Tuesday, January 6, 2015 - 10:08am | 207Geoffrey Meacham of Barclays initiated coverage of Gilead Sciences, Inc. (NASDAQ: GILD) on Tuesday with an Overweight rating and $125 price target. According to Meacham, Gilead Sciences' will likely see “dramatic growth” in hepatitis C that should drive upside in 2015 and beyond. Specifically, the...
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How Did Analysts Get Gilead's Earnings Completely Wrong?
Wednesday, April 23, 2014 - 9:19am | 496Many, like CNBC’s Jim Cramer, would argue that the analyst community doesn’t get much of anything right. But it’s hard to argue that normally analysts are more than a few cents off when predicting a company’s quarterly EPS. So how did the analyst community get Tuesday’s Gilead (NASDAQ: GILD)...
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Market Wrap For March 27: Markets Lower Following Mixed Economic Data
Thursday, March 27, 2014 - 5:39pm | 2145U.S. stocks were slightly lower as positive labor market data clashed with fourth quarter GDP estimates that showed the economic expanded less than economists had expected. Major indices finished slightly lower as the Nasdaq index continues to see its losses fall sharper compared to the Dow and...
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How Much Does It Cost To Develop A New Drug?
Wednesday, August 14, 2013 - 9:32am | 590Don’t expect to get a direct answer from any of the big pharma firms, but in the world of big data, the answer, or something pretty close to answer, was found by doing some simple math. Last year, Forbes columnist Matthew Herper went back to the basics and simply divided each company’s spending...