KeyBanc raised the firm’s price target on Elanco (ELAN) to $29 from $27 and keeps an Overweight rating on the shares. The firm notes the company posted a solid Q4 top- and bottom-line beat driven by strength in both pet health and farm animal. KeyBanc thinks Elanco is set up well for beats and raises in 2026 and raises its revenue estimates and price target as a result.
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