CVS (CVS) Shares Positive as JPMorgan Adds to 'Focus List'

August 1, 2011 12:54 PM EDT
Get Alerts CVS Hot Sheet
Price: $93.65 --0%

Rating Summary:
    34 Buy, 5 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 7 | Down: 5 | New: 25
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Although well off session highs, shares of CVS Caremark (NYSE: CVS) are outperforming the broader stock market following a bullish note from JPMorgan Monday morning. The stock last traded at $36.40, up 0.14 percent from Friday's closing price.

JPMorgan added CVS shares to the firm's "Focus List." The firm maintains an Overweight rating on CVS. JPMorgan's price target was raised from $43 to $50.

The firm's new target suggests potential upside of about 37 percent from where the stock is trading Monday afternoon.

Visit our Analyst Ratings page to track all the market-moving analyst action on shares of CVS.


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