ARS Investment Partners LLC Purchases 177,916 Shares of Bristol Myers Squibb Company $BMY

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ARS Investment Partners LLC significantly increased its stake in Bristol Myers Squibb Company (NYSE:BMY) during the fourth quarter by purchasing an additional 177,916 shares, bringing its total holdings to 199,301 shares valued at approximately $10.75 million. Several other institutional investors also boosted their positions, with institutional ownership now at 76.41%. The company recently exceeded earnings and revenue expectations, and while analysts have a consensus "Hold" rating, the average price target is $61.31.
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