3 Mega Biotechs Leerink Loves

Leerink has released three new reports on some Outperform-rated big-name biotech stocks that the firm’s analysts like in coming months. Here’s a look at what the analysts had to say.

Gilead Sciences, Inc. GILD 0.99%

Analyst Geoffrey Porges has a positive view toward the stock, saying, “[We’re] positive about Gilead’s stock in part based on our favorable view of the company’s market leading HIV franchise.”

Porges doesn’t expect Gilead’s dominant position in the HIV space to be seriously challenged any time soon. He specifically mentioned Merck & Co., Inc. MRK 1%’s Doravirine as a competitor that likely poses little threat to Gilead.

Bristol-Myers Squibb Co BMY 1.06%

Analyst Seamus Fernandez likes…

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