Gilead Sciences, Inc. (NASDAQ:GILD) announced the promotion of Katie Watson to Executive Vice President, Human Resources.
Ms. Watson joined Gilead in February 2003 and since that time has taken on increasing levels of responsibility and management within the HR organization. Ms. Watson was appointed Vice President of Employee Development and Rewards in 2012 and was promoted to Senior Vice President, Human Resources in 2013. Before joining Gilead, she was a manager of compensation for Applera Corporation, led the HR consulting practice for TriNet and worked as an HR business partner for DE Shaw & Co. Ms. Watson holds a degree in Psychology from the University of California at San Diego and a master’s in Organizational Psychology from Columbia University.
“Katie and her team continue to play an invaluable role during a period of significant hiring and growth at Gilead,” said John C. Martin, PhD, Chairman and Chief Executive Officer, Gilead Sciences. “During Katie’s tenure, Gilead has grown from approximately 1,000 to more than 8,000 dedicated employees. Her understanding of the complexities of Gilead’s business has allowed her to contribute significantly to building an organization that today reaches millions of patients around the world.” (Original Source)
Shares of Gilead Sciences closed today at $84.02, up $1.02 or 1.23%. GILD has a 1-year high of $123.37 and a 1-year low of $82.28. The stock’s 50-day moving average is $96.36 and its 200-day moving average is $104.34.
On the ratings front, Gilead has been the subject of a number of recent research reports. In a report issued on January 29, Oppenheimer analyst Wendy Lam maintained a Buy rating on GILD, with a price target of $124, which implies an upside of 47.5% from current levels. Separately, on January 26, Barclays’ Geoff Meacham reiterated a Buy rating on the stock .
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Wendy Lam and Geoff Meacham have a total average return of 14.0% and 18.3% respectively. Lam has a success rate of 68.0% and is ranked #420 out of 3622 analysts, while Meacham has a success rate of 61.5% and is ranked #152.
The street is mostly Bullish on GILD stock. Out of 12 analysts who cover the stock, 10 suggest a Buy rating and 2 recommend to Hold the stock. The 12-month average price target assigned to the stock is $120.20, which implies an upside of 43.0% from current levels.