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Stock impact report

Scotiabank Raises Bristol-Myers (BMY) PT to $60 Citing Catalyst-Rich 2026 Growth [Yahoo! Finance]

Bristol-Myers Squibb Company (BMY) 
Last bristol-myers squibb company earnings: 2/6 07:05 am Check Earnings Report
US:NYSE Investor Relations: bms.com/investors.html
Company Research Source: Yahoo! Finance
raised the firm's price target on Bristol-Myers to $60 from $53, while maintaining a Sector Perform rating on the shares. With the stock trading at an inexpensive valuation and several key milestones on the horizon, the firm views the upcoming catalyst-rich year as a strong buying opportunity. In other news, on December 11, the FDA granted Priority Review to Bristol-Myers Squibb Company's (NYSE:BMY) supplemental application for Opdivo (nivolumab) combined with AVD chemotherapy. The potential new frontline treatment is for adult and pediatric patients (12+) with Stage III or IV classical Hodgkin Lymphoma. The target action date/PDUFA is set for April 8, 2026. The application is supported by the Phase 3 SWOG S1826 study, which showed that the Opdivo-AVD regimen significantly improved progression-free survival/PFS compared to the current standard. At a 2.1-year median follow-up, the PFS rate for the Opdivo arm was 92% versus 83% for the control group, with an even more pronounced ben Show less Read more
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