Investors Pack Into CVS Ahead Of Make-Or-Break Update
CVS Health is approaching a critical investor day, with UBS noting the stock is "long crowded and well liked" due to anticipation of a multi-year recovery. The market is focused on margin recovery in its Health Care Benefits, how Caremark handles contract renewals, and the stabilization of the Pharmacy and Consumer Wellness business. While UBS anticipates conservative guidance, any disappointment could lead to a sell-off, whereas modest positive news could reinforce confidence in CVS's turnaround.
https://finimize.com/content/investors-pack-into-cvs-ahead-of-make-or-break-update