Phibro rises after J.P. Morgan upgrades to 'overweight'

ReutersJul 7, 2025 3:40 PM

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Animal health company Phibro Animal Health Corp's PAHC.O shares up 8% at $30.24

J.P. Morgan upgrades PAHC to "overweight" from "neutral" rating, saying co continues to deliver strong results

"Execution across the Animal Health portfolio has been solid over the past few quarters and we expect these trends to continue, supported by strong customer demand and healthy industry fundamentals" - JPM

Brokerage raises PT to $35 from $25, a ~15% upside to stock's last close

Including session's moves, stock up ~44.9% YTD

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