Do Wall Street Analysts Like CVS Health Stock?

CVS Health Corporation (CVS), with a market cap of $75.4 billion and based in Woonsocket, Rhode Island, is a prominent pharmacy innovation company offering services such as pharmacy benefit management, mail order, retail and specialty pharmacy, disease management, and retail clinics. It serves various clients, including employers, insurance companies, and individuals under various brand names.

Shares of the healthcare plan provider have lagged behind the broader market in the last year. While CVS has declined 18.8% over this time frame, the broader S&P 500 Index ($SPX) has rallied by 19%. In 2024, the stock dropped 24%, compared to SPX’s 14.2% return on a YTD basis.