Bristol-Myers Squibb shares are trading lower. Deutsche Bank initiated coverage on the stock with a Hold rating.
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has initiated coverage on Bristol-Myers Squibb with a Hold rating, causing the company's shares to trade lower.
November 09, 2023 | 7:23 pm
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Bristol-Myers Squibb's stock is trading lower after Deutsche Bank initiated coverage with a Hold rating.
The Hold rating from Deutsche Bank indicates a neutral outlook for Bristol-Myers Squibb, which may have led investors to sell their shares, causing the stock price to drop. This is a direct impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100