CVS Health Corporation (CVS) has seen significant
investment activity with notable institutions such as the Teacher Retirement System of Texas, VAUGHAN & Co SECURITIES INC., and Principal Financial Group Inc., among others, either acquiring or holding substantial shares. However, several others like Vontobel Holding Ltd and Allspring Global Investments Holdings LLC have reduced their stakes.
CVS stock has, however, dropped in the current market uptick. There are expectations that CVS Health can sustain its pharmacy and consumer wellness gains till the end of the year. Amid this, CVS Health earned an accreditation for being menopause-friendly, the first U.S company to achieve this. CVS Caremark, a unit of CVS, was ordered to pay $95 million in a Medicare fraud case. However, CVS Health is set to boost its weight management program's formulary move. Pricing target of CVS stocks has been increased by Jefferies to $80, amid news of CVS committing $20B to health-tech initiatives. Going forward, CVS Health is extending support for victims of California wildfires and planning a $20B investment to enhance customer experience.
Cvs Health Corporation CVS News Analytics from Fri, 10 Jan 2025 08:00:00 GMT to Sat, 05 Jul 2025 12:59:58 GMT -
Rating 4
- Innovation 7
- Information 6
- Rumor -3