The post Price Prediction: CVS Eyes 44% Upside After Aetna-Driven Q1 Surge appeared first on 24/7 Wall St..
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CVS Health (CVS) posted Q1 adjusted EPS of $2.57, beating consensus by 36%, while Aetna’s health benefits operating income surged 52.6% as the medical benefit ratio improved to 84.6% from 87.3%.
Management raised full-year adjusted EPS guidance to $7.30-$7.50 and operating cash flow to at least $9.5 billion. 24/7 Wall St. iss…