CVS Health Reports Second Quarter Results

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CVS Health (CVS) PT Raised to $90 at RBC Capital

August 9, 2018 8:21 AM EDT

RBC Capital raised its price target on CVS Health (NYSE: CVS) to $90.00 (from $84.00) while maintaining an Outperform rating.

Analyst George Hill views the updates on the Aetna transaction, PBM rebate retention, and the potential impact of regulatory changes positively and largely in-line with our positive view.

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CVS Health (CVS) Tops Q2 EPS by 8c

August 8, 2018 6:57 AM EDT

CVS Health (NYSE: CVS) reported Q2 EPS of $1.69, $0.08 better than the analyst estimate of $1.61. Revenue for the quarter came in at $46.7 billion versus the consensus estimate of $46.34 billion.

Same store sales increased 5.9% and pharmacy same store sales increased 8.3% in the three months ended... More