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Published on 10/19/2006 in the Prospect News Biotech Daily.

Gilead at outperform by RBC

RBC Capital Markets analyst Jason Kantor rated Gilead Sciences, Inc. at outperform, average risk on news of the company's reported significant earnings per share upside of $0.64, compared to RBC and consensus estimates of $0.56. Kantor is encouraged by Gilead's strong top and bottom line performance in the quarter and the company's recent "product/company acquisition shopping spree." Shares of the Foster City, Calif.-based biopharmaceutical company were up 58 cents, or 0.86%, at $68.30. (Nasdaq: GILD)


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