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home / news releases / XLV - Vertex: 45% Upside Remains

XLV - Vertex: 45% Upside Remains

SPDR Select Sector Fund - Health Care
  • GAAP product revenues increased 49%, compared to 2019 driven by Trikafta.
  • GAAP net income increased 130% compared to 2019, largely driven by strong growth in product revenues.
  • Cash fortress stands at $6.7Bn, with a generous capital allocation policy.
  • I reiterate my updated PT of $318 after updating my model.

For further details see:

Vertex: 45% Upside Remains
Stock Information
Company Name: SPDR Select Sector Fund - Health Care
Stock Symbol: XLV
Market: NYSE
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