Group 1 - Zoetis (ZTS) closed at 202.33 indicating a 26.2% upside potential [1] - The average of 15 short-term price targets ranges from a low of 244, with a standard deviation of $23.91, suggesting variability in analyst estimates [2] - Analysts show strong agreement on ZTS's ability to report better earnings than previously predicted, which supports the view of potential upside [4][11] Group 2 - The Zacks Consensus Estimate for ZTS has increased by 2.9% due to eight upward revisions and one downward revision in earnings estimates over the last 30 days [12] - ZTS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating strong potential for upside [13] - While price targets should not be the sole basis for investment decisions, the direction implied by them can serve as a useful guide [10][13]
Wall Street Analysts Think Zoetis (ZTS) Could Surge 26.18%: Read This Before Placing a Bet