Bernstein Raises Price Target for CVS Health Amid Medicare Advantage Turnaround
Bernstein upgraded its price target for CVS Health (NYSE:CVS) from $94 to $106 and reiterated an Outperform rating, citing the company's strong positioning in the Medicare Advantage turnaround. The firm noted that PBM reform has reduced uncertainty around CVS' business strategy.
Tickers: $CVS
Topics: CVS Health Earnings Guidance Medicare Advantage PBM Reform