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Bernstein Remains a Hold on Bristol-Myers Squibb (BMY)

Tipranks - Wed Apr 22, 7:38AM CDT

In a report released today, Courtney Breen from Bernstein maintained a Hold rating on Bristol-Myers Squibb, with a price target of $58.00.

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According to TipRanks, Breen is a 4-star analyst with an average return of 15.3% and an 81.25% success rate. Breen covers the Healthcare sector, focusing on stocks such as Eli Lilly & Co, Moderna, and Merck & Company.

In addition to Bernstein, Bristol-Myers Squibb also received a Hold from Wells Fargo’s Mohit Bansal in a report issued on April 13. However, today, Barclays maintained a Buy rating on Bristol-Myers Squibb (NYSE: BMY).

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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