UBS analyst Kevin Caliendo raised the firm’s price target on CVS Health (CVS) to $97 from $96 and keeps a Buy rating on the shares. The current EPS compound annual growth rate of mid-teens growth through 2028E does not contemplate any meaningful capital deployment, suggesting that CVS could have a positive upside/downside skew to earnings for 2027 and beyond, the analyst tells investors in a research note. UBS remains optimistic that Q4 has potentially more upside to EPS.
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