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Fly News Breaks for April 19, 2018
ZTS
Apr 19, 2018 | 08:20 EDT
Citi analyst Liav Abraham remains constructive on shares of Zoetis despite the stock's share price appreciation this year. The analyst raised her price target for the stock to $98 from $85 and maintains a Buy rating on the name. Abraham expects 2018 to be another year of "strong commercial execution" in both the livestock and companion segments of the business. She also sees potential for inorganic growth given Zoetis's "balance sheet optionality."