Fly News Breaks for December 19, 2019
IDXX, ZTS, BAYRY, ELAN
Dec 19, 2019 | 06:33 EDT
BofA/Merrill analyst Michael Ryskin upgraded Elanco (ELAN) to Buy from Neutral. The analyst notes that while other animal health companies like Zoetis (ZTS) and IDEXX (IDXX) outperformed the S&P500, Elanco suffered with an 11% year-to-date decline on broadly negative initial one-off reaction to the Bayer animal health business acquisition.
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