Price Target Update on Gilead (GILD) and VMware (VMW)
Two of my stock recommendations are approaching their Min Sell Prices at a time when I am in the process of updating Max Buy and Min Sell Prices for all stocks. My research for September is complete, and my computer-generated price targets for Gilead Sciences (GILD) and VMware (VMW) will increase.
The new Min Sell Price for Gilead is 90.45 and new Min Sell Price for VMware is 118.75.
The current stock price for GILD is 79.70, and the current stock price for VMW is 106.05. Both stocks are rated hold, and should not be sold until they reach their new Min Sell Prices. The updated prices are based on strong second-quarter results and revised sales and earnings estimates.