CVS Health Reports First Quarter Results; Confirms 2017 EPS Guidance

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CVS Health (CVS) PT Raised to $88 at Evercore ISI; Model Bent Not Broken

May 2, 2017 12:27 PM EDT

Evercore ISI raised its price target on CVS Health (NYSE: CVS) to $88.00 (from $87.00) while maintaining a Outperform rating following Q1 results.

Analyst Ross Muken believes shares are down today amid a "buyers strike" and bears who are feeling more emboldened. Meanwhile,... More

CVS Health (CVS) Tops Q1 EPS by 7c; Confirms Guidance

May 2, 2017 6:57 AM EDT

CVS Health (NYSE: CVS) reported Q1 EPS of $1.17, $0.07 better than the analyst estimate of $1.10. Revenue for the quarter came in at $44.5 billion versus the consensus estimate of $44.2 billion.

Net revenues increased 3.0% to $44.5 billionGAAP diluted EPS from continuing operations of $0.92; Adjusted EPS of... More