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MWI Veterinary Supply Inc. shares rose this week after analysts initiated coverage of players in the veterinary services segment with strong ratings.
Meridian-based MWI supplies drugs, diagnostics, equipment and other medical supplies for companion animals and livestock to about 15,000 vet practices across the U.S., according to Hoovers.com. The firm offers some 11,000 products from more than 400 vendors.
Shares of MWI Veterinary Supply Inc. and Animal Health International Inc. edged higher in March 19 trading when several analysts said the veterinary services companies can hedge against softness in the U.S. economy as demand for their services remains strong. Between March 19 and early March 23, MWI stock increased by about...