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Enter Symbol:
Rating: CVS
Outperform $117
down 8.00 %

CVS Corporation (NYSE: CVS) reiterated to Outperform with price target $117 by Oppenheimer

Thursday,  Dec 17, 2015  10:25 AM ET by Dave Ficere

Oppenheimer reiterated CVS Corporation (NYSE: CVS) to Outperform with price target $117. Previously Oppenheimer rated Outperform with price target $119 CVS Corporation (NYSE:
CVS) on 08/28/2015, when the stock price was $105.14. Since then, CVS Corporation's stock price has lost 8% as of 12/17/2015's recent price of $96.50.
If you would have followed the previous Oppenheimer's recommendation on CVS, you would have lost 8% of your investment in 111 days.

CVS Caremark Corporation (CVS Caremark) is a provider of prescriptions and related healthcare services in the United States. It is a pharmacy services company and drives value for its customers through its approximately 6,900 CVS/pharmacy and Longs Drug retail stores; CVS Caremark?s pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic, and Its online pharmacy, The Company operates in two business segments: Pharmacy Services and Retail Pharmacy. October 20, 2008, CVS Caremark acquired Longs Drug Stores Corporation, which includes 529 retail drug stores (the Longs Drug Stores) and RxAmerica LLC (RxAmerica), which provides pharmacy benefit management services, and certain other related assets.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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