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Fly News Breaks for January 15, 2016
ZTS, PETX, PAHC
Jan 15, 2016 | 05:46 EDT
Barclays analyst Douglas Tsao double downgraded Phibro Animal Health (PAHC) to Underweight from Overweight saying regulatory risks relating to antibiotics in poultry/meat may keep new investors away in 2016. The analyst prefers Aratana Therapeutics (PETX) and Zoetis (ZTS) in the animal health sector. He cut his price target for Phibro shares to $31 from $36.