Goldman Sachs Maintains Buy on CVS Health, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Nathan Rice maintains a Buy rating on CVS Health (NYSE:CVS) but lowers the price target from $85 to $74.

May 02, 2024 | 4:05 pm
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Goldman Sachs maintains a Buy rating on CVS Health but lowers the price target from $85 to $74.
While the reduction in price target could suggest a tempered outlook on CVS Health's short-term price potential, the maintenance of a Buy rating indicates Goldman Sachs' continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100