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via finance.yahoo.comMarkets

Jefferies downgrades Zoetis and Elanco to Hold on pricing risk, keeps IDEXX at Buy

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Jefferies downgraded Zoetis and Elanco to Hold from Buy on Tuesday, warning that pricing power in animal health is at risk. The firm reiterated its Buy rating on IDEXX Laboratories. Still guessing which stocks will beat the market? Our AI portfolio updates…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishDowngrades of two animal health names, with IDEXX preferred.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Jefferies downgraded Zoetis and Elanco to Hold from Buy.
  2. 02The firm warns that pricing power in animal health is at risk.
  3. 03IDEXX remains rated Buy.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Zoetis Inc.ZTSStock79.62 USD+0.13%today +0.04%Negative Elanco Animal Health IncorporatedELANStock22.94 USD+1.04%today -2.34%Negative IDEXX Laboratories, Inc.IDXXStock554.05 USD-0.31%today -0.31%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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