Why We Are Bullish On Bristol-Myers Squibb

+45.83%
Upside
44.85
Market
65.41
Trefis
BMY: Bristol Myers Squibb logo
BMY
Bristol Myers Squibb

We recently updated the Trefis price estimate for Bristol-Myers Squibb to $75 per share. This update was based on a detailed review of  a number of factors including new drug launches, the phase 3 pipeline, recent quarterly performance and the expected patent expiry of several drugs. Overall, we believe that the company’s stock has upside potential, given its current level of $66 per share. This analysis provides an incisive snapshot of why we believe the company could unlock more value.

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Have more questions about Bristol-Myers Squibb? See the links below.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Bristol-Myers Squibb

 

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