Cantor Fitzgerald Reiterates Zoetis (ZTS) at Overweight, Earnings Potential of Underlying Business is Still Underappreciated

Cantor Fitzgerald analyst Louise Chen reiterated an Overweight rating and $250.00 price target on Zoetis Inc. (NYSE: ZTS)

The analyst quotes: "Post a 4Q21 sales as well as EPS beat, and ahead of a robust outlook for 2022, we are reiterating our OW rating and 12-month PT of $250 on ZTS shares. We continue to like Zoetis (ZTS) for its durable and diversified business model. We think the earnings potential for ZTS's underlying business is still underappreciated and upside to expectations could come from: 1) higher-than-anticipated peak sales for new launches, 2) better-than-expected operating margin improvements, and/or 3) M&A."

For an analyst ratings summary and ratings history on Zoetis Inc. click here. For more ratings news on Zoetis Inc. click here.

Shares of Zoetis Inc. closed at $196.43 yesterday.

Written by Vlad Schepkov | [email protected]

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49
• Zeo Energy Corp (ZEO) Misses Q2 EPS by 7c