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Added to YB: 2024-10-11

Pitch date: 2024-10-10

CVS [bullish]

CVS Health Corporation

+24.8%

current return

Author Info

No bio for this author

Company Info

CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments.

Market Cap

$77.0B

Pitch Price

$63.64

Price Target

82.00 (+3%)

Dividend

4.37%

EV/EBITDA

8.60

P/E

14.51

EV/Sales

0.39

Sector

Health Care Providers and Services

Category

turnaround

Show full summary:
Barclays Raises CVS Health Price Target to $82

CVS (analyst upgrade): Barclays upgrades to Overweight, PT $82 (+24%). Sees margin recovery: Medicare improvement 100-200bps, $2B cost savings, retail share gains, CostVantage upside. 2026 EPS est. $8.77. 9.5x target multiple, 1-turn discount to SOTP. Analyst: Andrew Mok.

Read full article (1 min)