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Gilead Sciences (GILD +5.9%) trades higher after investors further digest the ramifications of...
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Tuesday, November 22, 2011, 11:33 AM ETGilead Sciences (GILD +5.9%) trades higher after investors further digest the ramifications of its mega-acquisition of Pharmasset (VRUS -0.1%) that sent shares skittishly lower yesterday. Citi took a look at the deal, deciding to upgrade GILD to Buy from Neutral, seeing a potential for the now-bigger company to dominate the Hepatitis C treatment market.
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