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Pfizer (PFE) and Bristol-Meyers Squibb (BMY) are downgraded to Hold at Jefferies, the team...

Pfizer (PFE) and Bristol-Meyers Squibb (BMY) are downgraded to Hold at Jefferies, the team citing valuation and tough comparables coming up for quarterly earnings. Each stock is off marginally premarket.
Comments (1)
  • Sejd213
    , contributor
    Comments (188) | Send Message
     
    I question the timing of this downgrade! Both PFE and BMY have new drugs coming down the pipeline.Jefferies like GS have their own agendas which is to send mixed signals to the small investors! Do your own Due Dil and buy on the dips!
    12 Jul 2013, 07:03 AM Reply Like
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