HSBC Initiates Coverage On Zoetis with Buy Rating, Announces Price Target of $230
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Morten Herholdt has initiated coverage on Zoetis (NYSE:ZTS) with a Buy rating and a price target of $230.
September 06, 2023 | 9:38 am
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HSBC has initiated coverage on Zoetis with a Buy rating and a price target of $230, which could positively impact the stock's performance.
The initiation of coverage by HSBC with a Buy rating indicates a positive outlook for Zoetis. The price target of $230, if achieved, would represent a significant increase from the current price. This could attract investors and potentially drive the stock price up in the short term.
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