After the FDA approved Gilead’s (GILD) Yeztugo for HIV prevention, Morgan Stanley analyst Terence Flynn said the label and pricing were in line with the firm’s expectations, calling the news “an expected positive.” The firm, which continues to see upside to the launch, reiterates an Overweight rating and $135 price target on Gilead shares.
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Read More on GILD:
- Mizuho says Gilead Yeztugo label looks clean
- Gilead Sciences’ Yeztugo Approval and Market Expansion Drive Buy Rating
- Gilead announces FDA approves Yeztugo as twice-a-year HIV prevention option
- FDA approves Gilead’s Yeztugo for pre-exposure HIV prophylaxis
- Gilead receives FDA approval for HIV prevention injection
