CVS Health (CVS) Gets a Buy from Bernstein
In a report released yesterday, Lance Wilkes from Bernstein assigned a Buy rating to CVS Health, with a price target of $94.00. The company’s shares closed yesterday at $73.28.
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Wilkes covers the Healthcare sector, focusing on stocks such as Cigna, Centene, and CVS Health. According to TipRanks, Wilkes has an average return of -8.7% and a 32.67% success rate on recommended stocks.
Currently, the analyst consensus on CVS Health is a Strong Buy with an average price target of $96.33, implying a 31.45% upside from current levels. In a report released yesterday, TD Cowen also reiterated a Buy rating on the stock with a $105.00 price target.
Based on CVS Health’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $105.69 billion and a net profit of $2.94 billion. In comparison, last year the company earned a revenue of $97.71 billion and had a net profit of $1.64 billion
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