CVS Health (CVS) Stock Rallies 3.7% on Analyst Upgrade

Published on Β· Source: finance.yahoo.com

CVS Health (CVS) Stock Rallies 3.7% on Analyst Upgrade

AI Summary

Summarized by AI from the source below

CVS Health (CVS) shares increased as much as 3.7% on Tuesday morning, currently up 3.4%. This surge is attributed to a positive rating from Jefferies analyst Brian Tanquilut, who set a $120 price target indicating 28% upside. The forecast includes an expected earnings per share (EPS) of at least $8.44 for 2027. CVS's recent increase in full-year guidance suggests strong growth potential, making its stock appealing for investors monitoring healthcare sector movements.

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About CVS Health Corporation (CVS)

CVS Health operates retail pharmacies, a pharmacy-benefits manager, and the Aetna insurance business.

The Health Care sector covers pharmaceutical, biotech, device and managed-care companies.

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