Raymond James analyst Joseph Altobello raised the price target on PetIQ Inc. (NASDAQ: PETQ) to $41.00 (from $39.00) while maintaining a Outperform rating following strong Q4 executions and encouraging initial 2019 guidance.

• PETQ’s veterinary wellness center expansion remains on track, with the company reiterating its long-term targets
• initial 2019 guidance implies another year of solid growth