Citi Maintains a Buy Rating on Gilead Sciences (GILD)

Gilead Sciences, Inc. (NASDAQ:GILD) is one of the top low volatility healthcare stocks to buy now. In a report released on July 21, Geoff Meacham from Citi maintained a Buy rating on Gilead Sciences, Inc. (NASDAQ:GILD) with a price target of $125.00.

Why Gilead Sciences (GILD) Appeals to Income Investors in the Pharma Sector

A physician and a patient having a discussion in a hospital about biopharmaceutical medicines.

On July 14, Gilead Sciences, Inc. (NASDAQ:GILD) presented new data on the twice-yearly Lenacapavir (Yeztugo®) for HIV Prevention at the IAS 2025.

The company reported that new data from the PURPOSE trials showed that Lenacapavir was well-tolerated and effective across a range of populations, including lactating and pregnant women, young people, and adolescents.

The data also showed that the twice-yearly injectable PrEP was preferred compared to daily oral medication among PURPOSE trial participants.

Gilead Sciences, Inc. (NASDAQ:GILD) is a biotech company that advances medicines to prevent and treat serious diseases such as cancer, immunodeficiency virus (HIV), viral hepatitis, and COVID-19.

Its portfolio of drugs focuses on medical areas with unmet needs and includes AmBisome, Atripla, Biktarvy, Cayston, Complera, and others. Gilead Sciences, Inc. (NASDAQ:GILD) operates in over 35 countries.

While we acknowledge the potential of GILD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GILD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.