These are the stocks posting the largest moves midday.
— Shares of the pets medicine maker slipped 1.8% after an analyst at Bank of America downgraded them to neutral from buy. The analyst cited "too much uncertainty" over Elanco's $7.6 billion deal to buy Bayer's animal health business.
— The business collaboration messaging service company's stock rose 1.2% after an analyst at Monness, Crespi, Hardt & Co. initiated it with a buy rating. The analyst said Slack has "exciting possibilities" and anticipates the service will be used at other organizations around the world.
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