Wells Fargo Maintains Equal-Weight on CVS Health, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Stephen Baxter has maintained an Equal-Weight rating on CVS Health (NYSE:CVS) and reduced the price target from $83 to $76.

April 08, 2024 | 12:31 pm
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Wells Fargo has maintained an Equal-Weight rating on CVS Health but lowered the price target from $83 to $76.
The reduction in the price target by Wells Fargo, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in CVS Health's stock price. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, but the lowered price target indicates a revision of the expected stock value.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100