Stifel Maintains Buy on Zoetis, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jonathan Block maintains a Buy rating on Zoetis (ZTS) but lowers the price target from $195 to $180.

April 30, 2024 | 1:19 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Zoetis but lowers the price target from $195 to $180.
While the reduction in price target could suggest a tempered outlook on Zoetis' future performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the analyst's ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100