Market Overview

Why Elanco Animal's Stock Is Trading Higher Today

Share:
Why Elanco Animal's Stock Is Trading Higher Today

Elanco Animal Health Inc (NYSE: ELAN) shares are trading higher on Tuesday after Goldman Sachs reinstated a Buy rating on the stock and announced a price target of $26.50 per share.

Elanco Animal is an animal health company that is engaged in innovating, developing, manufacturing, and marketing products for companion and food animals. Geographically, the company derives revenue from North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific with the highest revenue from the North America segment. It offers a range of food animal products used in cattle, sheep, goats, and swine production.

Elanco Animal shares were trading up 5.79% to $24.66 at time of publication on Tuesday. The stock has a 52-week high of $33.92 and a 52-week low of $15.17.

Latest Ratings for ELAN

DateFirmActionFromTo
Aug 2020Morgan StanleyUpgradesEqual-WeightOverweight
Aug 2020Credit SuisseReinstatesNeutral
Aug 2020Goldman SachsReinstatesBuy

View More Analyst Ratings for ELAN
View the Latest Analyst Ratings

 

Related Articles (ELAN)

View Comments and Join the Discussion!

Posted-In: why it's movingPrice Target Initiation Analyst Ratings

Latest Ratings

StockFirmActionPT
JBLRBC CapitalMaintains38.0
COSTRBC CapitalMaintains412.0
COSTMKM PartnersMaintains325.0
NOWStifelMaintains500.0
MTNTruist SecuritiesMaintains243.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com