Barclays Raises Estimates on MWI Veterinary Supply (MWIV) After Q3 Beat; Excellent Year with Robust Growth

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Barclays maintains an 'Equalweight' on MWI Veterinary Supply (NASDAQ: MWIV) price target of $107.00.

Analyst, Lawrence C. Marsh, said, "MWIV reported Q3 EPS yesterday that again eclipsed our and consensus expectations, driven by stronger than expected top line growth in both the US and UK, with continued steady contribution from recently acquired Micro Beef." (Raises FY12 EPS estimate from $4.10 to $4.20 and FY13 from $4.67 to $4.78)

However, shares are trading at the lows of the session, currently down over 6%.

For an analyst ratings summary and ratings history on MWI Veterinary Supply click here. For more ratings news on MWI Veterinary Supply click here.

Shares of MWI Veterinary Supply closed at $97.08 yesterday, with a 52 week range of $61.01-$109.58.

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