CHMP Adopts Positive Opinion Recommending Approval of Bristol Myers Squibb’s Opdivo® (nivolumab) in Combination with Cisplatin and Gemcitabine for the First-Line Treatment of Adult Patients with Un

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Bristol-Myers Squibb Co. (BMY) PT Lowered to $53 at Deutsche Bank

April 29, 2024 5:27 AM EDT

Deutsche Bank analyst James Shin lowered the price target on Bristol-Myers Squibb Co. (NYSE: BMY) to $53.00 (from $55.00) while maintaining a Hold rating.

The analyst comments "We get it - BMY's cost cut is poor optics given low visibility for late-decade revenues and... More