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Stock impact report

BofA Downgrades Zoetis (ZTS) to Neutral, Cuts Price Target [Yahoo! Finance]

Zoetis Inc. Class A (ZTS) 
Last zoetis inc. class a earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.zoetis.com
Company Research Source: Yahoo! Finance
On December 15, BofA downgraded Zoetis Inc. (NYSE:ZTS) to Neutral from Buy and lowered its price target to $135 from $165. In other news, on December 5, Zoetis Inc. (NYSE:ZTS) announced that Health Canada approved Portela™ (relfovetmab injection) for the relief of pain linked to osteoarthritis, or OA, in cats. Portela is designed to deliver up to three months of OA pain relief with a single injection. The treatment targets anti-nerve growth factor (NGF), a key driver of OA pain and inflammation. In a nine-month field trial conducted in Europe, Portela showed it could effectively reduce OA pain and was generally well tolerated. That included cats diagnosed with kidney disease at IRIS stage 1, 2, or 3. Portela is already approved in the European Union, and Zoetis expects to make it commercially available in Canada and the EU in 2026. Rob Polzer, Ph.D., Executive Vice President and President, Research and Development at Zoetis, made the following comment: “Health Canada's approv Show less Read more
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