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Fly News Breaks for July 14, 2016
BMY
Jul 14, 2016 | 07:51 EDT
Leerink analyst Seamus Fernandez raised his price target for Bristol-Myers to $84 from $81 ahead of Q2 results. The analyst expects gross margin to improve as the balance of sales shifts away from products with shared revenue and royalty burdens. Fernandez reiterates an Outperform rating on the shares.
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BMY
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