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Bernstein Sticks to Their Hold Rating for Bristol-Myers Squibb (BMY)

Tipranks - Thu Jun 11, 6:20AM CDT

Bernstein analyst Courtney Breen maintained a Hold rating on Bristol-Myers Squibb yesterday. The company’s shares closed yesterday at $56.48.

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In addition to Bernstein, Bristol-Myers Squibb also received a Hold from Scotiabank’s Louise Chen in a report issued on June 1. However, on June 5, Guggenheim maintained a Buy rating on Bristol-Myers Squibb (NYSE: BMY).

Based on Bristol-Myers Squibb’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $11.49 billion and a net profit of $2.68 billion. In comparison, last year the company earned a revenue of $11.2 billion and had a net profit of $2.46 billion

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