Jefferies reports veterinary foot traffic in March flat, ending an 18‑month decline as pandemic‑driven demand normalizes.
Analysts note telehealth providers are gaining market share, offering convenience and affordability to pet owners, affecting overall traffic picture.
Jefferies maintains Buy ratings on IDEXX Laboratories, Zoetis and Elanco Animal Health, with recent stock moves of +3.03%, +1.74% and +1.53% respectively.