Stifel Maintains Hold Rating for Elanco Animal Health: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Hold rating for Elanco Animal Health (NYSE:ELAN) but lowered its price target from $13.00 to $12.00. Elanco's shares are currently trading down 2.02% at $8.67 per share. A move to $12.00 would represent a 38.39% increase from the current share price.
October 30, 2023 | 5:00 pm
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Stifel has maintained its Hold rating for Elanco Animal Health but lowered its price target. This could potentially impact investor sentiment and the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and the stock's price. In this case, while Stifel has maintained its Hold rating for Elanco, it has lowered its price target. This could potentially lead to a negative impact on the stock's price in the short term.
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