IDEXX Laboratories Inc

IDXX: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Idexx Labs: As Top Dog in Pet Diagnostics, Idexx Has Dug a Wide Moat

We have upgraded our economic moat rating on Idexx to wide, after taking a fresh look at the firm’s intangible assets that have complemented switching costs in supporting highly attractive economic profits over the last two decades.

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