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Truist Lifts PT on Teva Pharmaceutical Industries (TEVA) to $36 From $32
Yahoo Finance· 2026-01-10 19:57
Core Insights - Teva Pharmaceutical Industries Limited (NYSE:TEVA) is recognized as one of the best-performing pharmaceutical stocks in 2025, with a price target increase from $32 to $36 by Truist, maintaining a Buy rating as the affordable medicines theme remains attractive heading into 2026 [1] Financial Ratings and Outlook - S&P Global Ratings upgraded Teva's long-term issuer credit rating to 'BB+' from 'BB' with a stable outlook, while Moody's affirmed a B1a rating with a positive outlook, indicating progress towards investment-grade status [2] - Teva's adjusted leverage decreased to 4.4x as of September 30, 2025, with expectations to drop below 4.25x in upcoming quarters, which is necessary for a higher rating [2] Business Performance - Teva has returned to revenue growth after five years of declines, supported by strong performance in branded medicines and stabilization in generics [3] - The company operates across geographical segments including the US, Europe, and International Markets, covering a full product portfolio that includes specialty, generics, and over-the-counter (OTC) products [4]
PetMed Express, Inc. and Dutch Announce Partnership to Provide Accessible Telehealth Services for Pets
Globenewswire· 2025-05-07 13:08
Core Insights - PetMed Express, Inc. has announced a strategic partnership with Dutch to enhance its pet healthcare ecosystem by providing affordable and accessible veterinary care options [1][2] - The collaboration aims to address the nationwide veterinarian shortage, which has left over 129 million Americans without easy access to pet care [2][3] Company Overview - PetMed Express, Inc. is a leader in the consumer pet healthcare sector, offering a wide range of pharmaceuticals, generics, compounded medications, and OTC supplements through its online platforms [4] - The company operates under the brands PetMeds and PetCareRx, delivering services across all fifty states [4] Partnership Details - The partnership allows pet parents to sign up for a monthly Dutch membership, providing virtual access to veterinarians for 24/7 appointments in 34 states [2] - Dutch has completed nearly 700,000 visits and treats over 150 conditions, including flea and tick medication and treatments for allergies and joint pain [2] Industry Context - The 2025 State of Veterinary Care Report indicates that approximately 38% of the U.S. population lives in areas lacking adequate veterinary care, highlighting the need for telehealth solutions [3] - Dutch, launched in July 2021, connects licensed veterinarians with pet owners and has expanded its services to include prescription medications, addressing the critical vet shortage in the U.S. [5]