IDEXX Laboratories, Inc. (NASDAQ:IDXX) is recommended as one of the best pet stocks to buy by hedge funds. Piper Sandler and Barclays cut price targets on IDXX after quarterly results, with UBS also revising its target due to concerns over fiscal growth and margin outlook. IDXX operates in veterinary and water testing markets.
While IDXX has potential, some AI stocks may offer greater upside with less risk. For undervalued AI stock suggestions, check out a free report on the best short-term AI stock. Disclosure: None. This article was originally published on Insider Monkey.
Read more at Yahoo Finance: Here’s What Analysts Are Saying About IDEXX Laboratories (IDXX)
