NEOS Investment Management LLC significantly increased its stake in Gilead Sciences, Inc. (NASDAQ:GILD) by nearly 60% in the third quarter, bringing its total holdings to over $64 million. Several other hedge funds also adjusted their positions in the biopharmaceutical company. Analysts have given Gilead Sciences a “Moderate Buy” consensus rating with an average target price of $152.50, following its recent positive earnings report and dividend increase.
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NEOS Investment Management LLC Has $64.06 Million Stake in Gilead Sciences, Inc. $GILD
NEOS Investment Management LLC significantly increased its stake in Gilead Sciences, Inc. (NASDAQ:GILD) by nearly 60% in the third quarter, bringing its total holdings to over $64 million. Several other hedge funds also adjusted their positions in the biopharmaceutical company. Analysts have given Gilead Sciences a “Moderate Buy” consensus rating with an average target price of $152.50, following its recent positive earnings report and dividend increase.