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Zoetis Declares New Dividend, Hinting At Undervaluation
Friday, May 19, 2023 - 12:51pm | 875Zoetis (NYSE: ZTS) shareholders may have a new reference point to be excited about, even after witnessing some favorable developments through the company's first quarter 2023 announcements. Even after outperforming other peers in the sector, such as Bausch Health Companies (NYSE...
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BofA Upgrades Zoetis Stock On Business Potential, Valuation
Monday, March 8, 2021 - 2:00pm | 216Zoetis Inc (NYSE: ZTS) seems well-positioned in 2021 with the stock valuation offering an attractive entry point, according to BofA Securities. The Zoetis Analyst: Michael Ryskin upgraded the rating for Zoetis from Neutral to Buy, while maintaining a price target of $180. The Zoetis...
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Bayer Sells $1.6B Stake In Elanco Animal Health
Tuesday, December 1, 2020 - 5:34am | 310Elanco Animal Health Inc (NYSE: ELAN) in a filing with the U.S. Securities and Exchange Commission on Monday disclosed that German pharma and life sciences company Bayer AG (OTC: BAYRY) is offloading a substantial stake it holds in Elanco through a public offering and generate $1.6 billion in...
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Analyst: Zoetis Deserves To Trade At A Premium
Wednesday, November 29, 2017 - 11:52am | 523Zoetis Inc (NYSE: ZTS), a global leader in animal health products, continues to benefit from favorable industry trends — which is attracting the attention of investors and Wall Street analysts. The Analyst Morgan Stanley's David Risinger upgraded Zoetis' stock rating from Equal-...
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IDEXX Labs Is 'Top Dog'
Thursday, August 24, 2017 - 9:17am | 420IDEXX Laboratories, Inc. (NASDAQ: IDXX) hosted last week its annual Analyst Day presentation which prompted analysts at Bank of America to upgrade the stock and label it a "top dog." The firm's Derik de Bruin upgrades Idexx's stock rating from Neutral to Buy with an unchanged $175...
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Zoetis Investors May Need Patience To See Bull Thesis Play Out
Wednesday, July 26, 2017 - 11:08am | 355After a more than 15-percent gain in Zoetis Inc (NYSE: ZTS) since the start of 2017, analysts at Deutsche Bank see little incremental upside in the near-term. Gregg Gilbert downgraded Zoetis' stock from Buy to Hold with an unchanged $65 price target as it has handily outperformed the S&P...
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FDA Safety Proposal Draws Attention to the Growing Pet Food Industry
Friday, October 25, 2013 - 3:28pm | 650If you own what statisticians dryly call a “companion animal,” then it's no surprise to you that the pet care industry is massive. The global market has reportedly been growing at a rate of four percent annually since 2008 – making it one of the few industrial sectors to see growth during the...
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Healthcare Distribution Earnings Preview
Tuesday, October 19, 2010 - 8:02am | 251JP Morgan has published a research report on Healthcare Technology & Distribution reporting on an earnings preview for 3Q and thoughts heading into the quarter. In the report, JP Morgan writes "In our view, the longer-term fundamentals for the PBM industry continue to remain very strong, as we...