03:41 PM EST, 02/07/2025 (MT Newswires) -- Health care stocks were retreating late Friday afternoon, with the NYSE Health Care Index down 0.3% and the Health Care Select Sector SPDR Fund (XLV) 0.4% lower.

The iShares Biotechnology ETF (IBB) fell 2.1%.

In corporate news, Doximity ( DOCS ) shares soared 35% after analysts raised their price targets on the company's stock following improved fiscal Q3 results Thursday that beat analyst expectations.