Goldman Sachs Maintains Buy on Zoetis, Lowers Price Target to $196
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Nathan Rich maintains a Buy rating on Zoetis (NYSE:ZTS) but lowers the price target from $223 to $196.

May 06, 2024 | 3:36 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Zoetis but lowers the price target from $223 to $196.
While the reduction in the price target could suggest a tempered outlook on Zoetis' stock price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and growth prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100