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Fly News Breaks for August 9, 2018
CVS
Aug 9, 2018 | 09:10 EDT
Leerink analyst David Larsen lowered his price target for CVS Health to $80 from $85 as he remains disappointed by the 2018 Retail margin guide. Nonetheless, the analyst is encouraged by CVS' good performance this quarter and increased FY18 guidance, and by the impressive growth in Retail SS Rx volumes. Larsen reiterates an Outperform rating on the shares.