Jefferies upgrades Bristol Myers (BMY) to Buy and increases its PT on shares to $35 from $27....

|By:, SA News Editor

Jefferies upgrades Bristol Myers (BMY) to Buy and increases its PT on shares to $35 from $27. The firm sees Bristol's underlying revenue and EPS ready to "rapidly take off mid-term," positioning the company as a "prime target for acquisition." Shares +0.9% premarket.