Jefferies Assumes Zoetis at Buy, Announces Price Target of $230
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Glen Santangelo has initiated coverage on Zoetis (NYSE:ZTS) with a Buy rating and set a price target of $230.
December 19, 2023 | 4:42 pm
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Jefferies analyst Glen Santangelo has assumed coverage on Zoetis with a Buy rating and a price target of $230, indicating a positive outlook for the stock.
Analyst ratings, especially from reputable firms like Jefferies, can significantly influence investor sentiment and stock prices in the short term. A Buy rating combined with a high price target suggests a strong bullish stance on the company, which could lead to an increase in stock price as investors react to the news.
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