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CVS Health (CVS) Receives a Buy from Jefferies

Jefferies analyst Brian Tanquilut maintained a Buy rating on CVS Health (CVSResearch Report) today and set a price target of $130.00. The company’s shares closed last Thursday at $101.87.

According to TipRanks.com, Tanquilut is a 4-star analyst with an average return of 6.1% and a 55.6% success rate. Tanquilut covers the Healthcare sector, focusing on stocks such as Aveanna Healthcare Holdings, Privia Health Group, and Quest Diagnostics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CVS Health with a $119.10 average price target, representing a 16.6% upside. In a report issued on August 3, J.P. Morgan also maintained a Buy rating on the stock with a $130.00 price target.

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CVS Health’s market cap is currently $133.6B and has a P/E ratio of 16.54.

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Headquartered in Rhode Island and founded in 1963, CVS Health Corp. is a healthcare company in the U.S. that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; Aetna, a health insurance provider, among many other brands.

Read More on CVS:

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