Bristol Myers price target lowered to $43 from $47 at UBS

UBS analyst Trung Huynh lowered the firm’s price target on Bristol Myers to $43 from $47 and keeps a Neutral rating on the shares as part of a Q2 earnings preview for the U.S. pharmaceuticals group. For Q2, the firm is broadly in line with consensus on revenues “with a mixed performance from growth drivers.”

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