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Gilead Sciences (GILD) PT Lowered to $81 at Morgan Stanley

May 2, 2018 7:45 AM EDT

Morgan Stanley lowered its price target on Gilead Sciences (NASDAQ: GILD) to $81.00 (from $85.00) while maintaining a Equalweight rating following the company's 1Q earnings report.

1Q18 EPS missed by $0.17. The miss was driven by lower than expected total revenues ($5.1B vs. $5.4B... More