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Bristol-Myers Squibb (BMY) Receives a Hold from Wells Fargo

Tipranks - Thu Apr 2, 6:10AM CDT

In a report released today, Mohit Bansal from Wells Fargo maintained a Hold rating on Bristol-Myers Squibb, with a price target of $60.00.

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Bansal covers the Healthcare sector, focusing on stocks such as Merck & Company, Pfizer, and Eli Lilly & Co. According to TipRanks, Bansal has an average return of 9.2% and a 55.65% success rate on recommended stocks.

In a report released on March 30, Bernstein also maintained a Hold rating on the stock with a $58.00 price target.

Based on Bristol-Myers Squibb’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $12.5 billion and a net profit of $1.09 billion. In comparison, last year the company earned a revenue of $12.34 billion and had a net profit of $72 million

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