03:37 PM EST, 02/14/2025 (MT Newswires) -- Health care stocks declined late Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each shedding 0.9%.

The iShares Biotechnology ETF (IBB) eased 0.2%.

In corporate news, enGene (ENGN) shares fell 8% after UBS downgraded the stock to neutral from buy and cut its price target to $7 from $34.