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Zoetis price target lowered to $130 from $140 at Stifel

Stifel analyst Jonathan Block lowered the firm’s price target on Zoetis (ZTS) to $130 from $140 and keeps a Hold rating on the shares. Following Q3 results, the Street’s 2026 and 2027 revenue expectations were revised lower, which helps alleviate some of the firm’s prior concern, but it still thinks the Street’s 2026 view “may be aggressive.”

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