CVS Health (CVS) Tops Q4 EPS by 4c; Confirms Outlook

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CVS Health (CVS) PT Raised to $89 at UBS

February 10, 2017 8:51 AM EST

UBS analyst Michael Cherny reiterates Buy rating and raises price target on CVS Health Corp. (NYSE: CVS) to $89 (from $88.50), suggesting the companys continued PBM net new business is offset by ongoing weakness in retail.

Cherny comments, "CVS 4Q had a number of... More

CVS Health (CVS) PT Lowered to $84 at Evercore ISI; Keeps 'Buy'

February 9, 2017 12:11 PM EST

Evercore ISI lowered its price target on CVS Health (NYSE: CVS) to $84.00 (from $91.50) while maintaining a Buy rating. The analyst said management did an admirable job on the DIR fee issue and a reasonable job on gross to net / rebates.

Analyst Ross Muken commented, "While the quarter proved generally uneventful and guidance was reiterated on the surface (albeit some moving parts below dollar profit... More