Gilead Sciences Expands Liver Portfolio With Acquisition of CymaBay Therapeutics

Go back to Gilead Sciences Expands Liver Portfolio With Acquisition of CymaBay Therapeutics

Gilead Sciences (GILD) PT Lowered to $75 at RBC Capital

February 14, 2024 5:24 AM EST

RBC Capital analyst Brian Abrahams lowered the price target on Gilead Sciences (NASDAQ: GILD) to $75.00 (from $76.00) while maintaining a Sector Perform rating.

The analyst comments "We had the opportunity to sit down with GILD's mgmt to catch up further on their quarter and... More

Gilead Sciences (GILD) to acquire CymaBay Therapeutics (CBAY) in $4.3bn cash deal

February 12, 2024 8:55 AM EST

Gilead Sciences (NASDAQ: GILD) announced on Monday that it would acquire CymaBay Therapeutics (NASDAQ: CBAY) for $4.3 billion. The purchase is intended to expand Gilead's portfolio of liver disease treatments.

GILD will pay $32.50 per share in... More

CymaBay Therapeutics (CBAY) to Resume Trading at 9 a.m.

February 12, 2024 8:34 AM EST

CymaBay Therapeutics (NASDAQ: CBAY) to Resume Trading at 9 a.m.

... More