UBS Starts CVS Caremark (CVS) at Buy, $34 Target

November 19, 2009 9:28 AM EST

UBS initiates coverage on CVS Caremark (NYSE: CVS) with a Buy rating and a $34 price target.

Despite the new Buy rating, shares of CVS are down about a half percent, moving lower with the broader markets.

UBS also started 8 stocks in the Healthcare sector this morning.

CVS Caremark Corporation, a pharmacy services company, provides prescriptions and related healthcare services in the United States.


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