Zoetis Inc. (NYSE:ZTS) ranks among the best medical stocks to buy according to analysts. With a price target of $210, Piper Sandler reaffirmed its Overweight rating on Zoetis Inc. (NYSE:ZTS) on July 2. According to the firm’s analysis, Zoetis’ 2025 guidance is unlikely to be negatively impacted by rising competition in its two largest franchises, dermatology and broad-spectrum parasiticides.
According to Piper Sandler, although Elanco’s Credelio Quattro launch was successful, the new product has largely contributed to market expansion rather than capturing a sizable portion of Zoetis’ market.
Based on the strength of its key businesses, Piper Sandler believes Zoetis Inc. might still surpass revenue projections even if Librela, one of its products, may experience softness.
Global animal health provider Zoetis Inc. focuses on delivering high-quality medications, vaccines, diagnostic tools, genetic testing, and services.
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