NYSE:ELANPharmaceuticals
Elanco (ELAN): Valuation Check After Credelio Quattro-CA1 Approval and Growing Wall Street Optimism
Elanco Animal Health (ELAN) just checked two important boxes for investors, pairing a conditional FDA green light for its Credelio Quattro-CA1 parasite treatment with a wave of upbeat Wall Street commentary.
See our latest analysis for Elanco Animal Health.
The conditional approval lands after a powerful run, with an 84 percent year to date share price return and an 87 percent one year total shareholder return. This signals momentum that still looks more like a turnaround than a trade.
If...