Bristol-Myers Squibb (BMY) Misses Q4 EPS by 4c; Guides Below the Street

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Bristol-Myers Squibb Co. (BMY) PT Lowered to $60 at Jefferies; Says Takeover 'Increasingly Likely'

January 27, 2017 8:26 AM EST

Jefferies analyst Jeffrey Holford lowered estimates and his price target on Bristol-Myers Squibb Co. (NYSE: BMY) to $60.00 (from $69.00) but said a takeover increasingly likely as the stock moves towards our ex-lung valuation of $44.

Holford commented, "Management seems to have scared investors... More

Bristol-Myers Squibb (BMY) Extends Losses Mid-Day

January 26, 2017 12:44 PM EST

Bristol-Myers Squibb (NYSE: BMY) is seeing notable mid-day weakness following results this morning. The company's earnings call has already ended. Shares are down 4.4%.

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