-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們維持對GILD的目標價為170美元，市盈率為17.0倍，高於GILD過去五年10.2倍的平均預期市盈率，我們認為這一估值合理，因為其前景正在改善。我們將2026年的預期每股收益從8.79美元調整為虧損0.67美元，以反映與Arcellx、Ouro和Tubulis交易相關的收購智慧財產權和研發費用。我們將2027年的預期每股盈餘從10.19美元下調至9.98美元。 GILD公佈了強勁的2026年第一季業績，營收和每股盈餘都超乎預期。總產品銷售額年增5%至69億美元，不計入Veklury（新冠肺炎治療藥物）的銷售額成長8%至68億美元。這項業績得益於HIV業務的強勁成長，尤其是PrEP藥物Yeztugo的出色上市，以及腫瘤藥物Trodelvy的強勁銷售。我們認為GILD的研發管線正在穩步推進，管理層稱其為公司歷史上最強大的研發管線，這得益於近期對Arcellx的收購以及即將進行的對Ouro Medicines和Tubulis的收購。
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Research Alert: CFRA Maintains Hold Opinion On Shares Of Host Hotels & Resorts, Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our target by $2 to $23 on a forward P/FFO of 10.9x our 2026 FFO estimate, a premium to peers and HST's three-year forward average (8.9x) due to a stronger 2026 travel outlook and recently redeveloped properties driving higher revenue per average room (RevPAR) this year. We increase our 2026 FFO estimate by $0.05 to $2.11 and leave our 2027 view unchanged at $2.15. San Francisco showed remarkable recovery boosted by the Super Bowl and accelerating business travel as resorts in Florida/Phoenix saw stronger-than-normal Q1 performance. Weather-related disruptions in Hawaii and the East Coast negative impacted RevPAR by 120 bps in Q1, while the outlook for growth in 2H 2026 implies growth slowing to 1%-2% range. Productivity improvements have helped to offset some of the 5% Y/Y growth in wages, but this cost inflation is a risk we continue to monitor. We do not currently expect any acquisitions, with management setting a high IRR bar and favoring buybacks and special dividends currently.
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Research Alert: CFRA Reiterates Hold Opinion On Shares Of Fortis Inc.
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