UPDATE: Piper Jaffray Lowers Price Target on VCA Antech to $19

By Steven Anfield
Benzinga Staff Writer
September 28, 2011 8:04 AM

Symbols: WOOF

Posted in: Analyst Color, Price Target, Analyst Ratings

According to Piper Jaffray, VCA Antech (NASDAQ: WOOF) price target is lowered to $19.

Piper Jaffray said that it is adjusting its estimates to incorporate the Vetstreet acquisition, which closed in August and is expected to be $0.02 to $0.03 dilutive this year. “Maintain Neutral rating and lowering price target to $19 (7x our revised FY12 adjusted EBITDA estimate).”

VCA Antech closed yesterday at $16.93.

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UPDATE: Piper Jaffray Lowers Price Target on VCA Antech to $19

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