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Citi rates Zoetis a Buy with $145 target, citing pet humanization driving growth in animal health.

Analyst Insights
15 Apr 2026
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Bullish
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Citi initiated coverage on Zoetis with a Buy rating and a $145 price target, naming it their top pick in the animal health sector. The firm highlights the growing trend of pet humanization, which is expected to increase spending on pet health products, especially for osteoarthritis pain management. Zoetis has regulatory approvals for new long-acting pain products and a strong pipeline, despite recent stock price declines and challenges like revenue drops in China. Investors should watch for near-term catalysts like the recovery of Solensia sales and ongoing pipeline developments before considering a position.

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