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Fly News Breaks for February 17, 2016
ZTS
Feb 17, 2016 | 08:41 EDT
BMO Capital believes that Zoetis reported "mixed but good" Q4 results. The firm thinks that the company's 2016 and 2017 guidance is conservative, and it says that the stock's relatively high valuation is justified by its 8% operational revenue growth and 24% operational EPS growth in 2015. BMO sees 2016 as a transition year for the company, but predicts that its operational EPS growth wil ljump to 24% in 2015. The firm reiterates an Outperform rating on the shares.
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