JP Morgan Maintains Overweight on CVS Health, Lowers Price Target to $106
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Lisa Gill maintains an Overweight rating on CVS Health (NYSE:CVS) but has lowered the price target from $114 to $106.
July 07, 2023 | 1:07 pm
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JP Morgan has maintained an Overweight rating on CVS Health but lowered the price target from $114 to $106.
The news is directly about CVS Health. JP Morgan's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may indicate a slightly less optimistic view of the company's future performance. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100