Stifel Maintains Buy on Zoetis, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block maintains a Buy rating on Zoetis (ZTS) but lowers the price target from $215 to $195.

April 02, 2024 | 1:12 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Zoetis but lowers the price target from $215 to $195.
While the reduction in price target could suggest a tempered outlook on Zoetis' future stock performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100