Piper Sandler Raises Bristol Myers (BMY) PT to $66 Citing Pipeline Visibility

Bristol Myers Squibb Company (NYSE:BMY) is 1 of the most undervalued ample headdress stocks to put successful now. On January 28, Piper Sandler raised its terms people for Bristol Myers to $66 from $62, keeping an Overweight rating. The steadfast noted that the banal remains undervalued, arsenic existent pricing mostly accounts for the upcoming nonaccomplishment of exclusivity for Eliquis successful the US portion failing to bespeak the improved visibility for a instrumentality to maturation driven by dependable pipeline progress.

A time earlier that, Citi expert Geoff Meacham raised the firm’s terms people connected Bristol Myers to $60 from $53 with a Neutral standing arsenic portion of a Q4 2025 biopharma assemblage preview. Meacham suggested that beatable estimates and a simplification successful argumentation risks person established a favorable setup for the radical heading into 2026.

Earlier connected January 13, Leerink expert David Risinger raised the firm’s terms people for Bristol Myers Squibb Company (NYSE:BMY) to $60 from $54 with an Outperform rating. The steadfast anticipates important banal upside imaginable successful 2026, driven by a robust pipeline that presently appears heavy discounted by the market. Following a institution presumption connected January 12, Leerink highlighted that Bristol Myers expects 12 registrational information readouts from 8 chiseled assets passim 2026.

Bristol Myers Squibb Company (NYSE:BMY) discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for oncology, hematology, immunology, cardiovascular, neuroscience, and different areas.

While we admit the imaginable of BMY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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