
BofA downgrades Zoetis (ZTS) to neutral, cuts price target

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BofA has downgraded Zoetis Inc. (NYSE:ZTS) from Buy to Neutral and reduced its price target from $165 to $135. Despite this downgrade, Zoetis is still listed among the 14 Best Pharma Dividend Stocks to Buy in 2026. Additionally, on December 5, Zoetis received Health Canada approval for Portela™ (relfovetmab injection).

