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Bristol-Myers Squibb Company (BMY) Moves Higher Ahead of ASCO Presscast / Abstracts

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UPDATE: Leerink Swann Upgrades Bristol-Myers Squibb Co. (BMY) to Outperform

May 16, 2013 1:16 PM EDT

(Updated - May 16, 2013 1:55 PM EDT)

Leerink Swann upgraded Bristol-Myers Squibb Co. (NYSE: BMY) from Market Perform to Outperform. The upgrade follows an evaluation of information in the ASCO news release published yesterday.

"Specifically, 5 additional deep responses (>80% tumor shrinkage) were reported at the press... More

Goldman Sees Blockbuster Potential for Bristol-Myers Squibb's (BMY) Nivolumab (PD-1)

May 16, 2013 7:57 AM EDT

Goldman Sachs today maintained a Conviction Buy rating on Bristol-Myers Squibb Co. (NYSE: BMY) and raised its price target to $48.00 (from $44.00). The increased price target follows abstract data on nivolumab (PD-1).

"Today's abstracts increase our conviction in BMY's nivolumab (PD-1)... More