CVS Health (CVS) Receives a Hold from Oppenheimer

Oppenheimer analyst Michael Wiederhorn assigned a Hold rating to CVS Health (CVSResearch Report) today. The company’s shares closed last Friday at $74.21, close to its 52-week high of $77.23.

According to TipRanks.com, Wiederhorn is a 5-star analyst with an average return of 23.2% and a 73.6% success rate. Wiederhorn covers the Healthcare sector, focusing on stocks such as The Ensign Group, HCA Healthcare, and UnitedHealth.

Currently, the analyst consensus on CVS Health is a Strong Buy with an average price target of $86.38.

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The company has a one-year high of $77.23 and a one-year low of $52.04. Currently, CVS Health has an average volume of 7.05M.

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CVS Health Corp. engages in the provision of health care services. It operates through the following segments: Pharmacy Services, Retail or Long Term Care, Health Care Benefits, and Corporate. The Pharmacy Services segment offers pharmacy benefit management solutions. The Retail or Long Term Care segment includes selling of prescription drugs and assortment of general merchandise. The Health Care Benefits segment offers traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioural health, medical management capabilities. The Corporate segment involves in providing management and administrative services. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.