Morgan Stanley Maintains Overweight Rating for IDEXX Laboratories: Here's What You Need To Know

Morgan Stanley has decided to maintain its Overweight rating of IDEXX Laboratories IDXX and lower its price target from $573.00 to $543.00.

Shares of IDEXX Laboratories are trading up 2.16% over the last 24 hours, at $437.27 per share.

A move to $543.00 would account for a 24.18% increase from the current share price.

About IDEXX Laboratories

Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets about 38% of its revenue from outside the United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.