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Bristol-Myers Squibb (BMY) Gets a Hold from Erste Group

Tipranks - Tipranks - Fri Apr 3, 3:14PM CDT

Erste Group analyst maintained a Hold rating on Bristol-Myers Squibb yesterday. The company’s shares closed today at $61.73.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bristol-Myers Squibb with a $62.67 average price target, a 1.52% upside from current levels. In a report released today, Wells Fargo also assigned a Hold rating to the stock with a $60.00 price target.

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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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