tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Phibro Animal Health price target raised to $27 from $19 at BofA

BofA analyst Michael Ryskin raised the firm’s price target on Phibro Animal Health (PAHC) to $27 from $19 and keeps an Underperform rating on the shares. The firm increased EPS estimates based on the company’s initial FY26 guidance that came in “well ahead” of Street consensus and raised the multiple to reflect the stronger performance, but continues to believe that growth will soon moderate and return to historical levels with limited operating leverage once M&A is annualized, the analyst tells investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1