Banc of America Downgrades Gilead Sciences (GILD) to Neutral

September 2, 2008 7:29 AM EDT

Banc of America downgrades Gilead Sciences (Nasdaq: GILD) from Buy to Neutral and lowers their price target to $56.

Gilead Sciences, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for the treatment of life-threatening infectious diseases.


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