TD Cowen analyst Steve Scala raised the firm's price target on Elanco to $32 from $31 and keeps a Buy rating on the shares. The firm said seven potential blockbuster launches are key catalysts for sales growth and margin expansion. These launches augment a diversified existing portfolio - including a #1 Pet Retail position which together are poised to drive +5% revenue and +10% EPS growth during 2025-32.
