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CVS Health reported strong earnings and revenue despite institutional shareholdings declining.
CVS Health saw several institutions reduce their shareholdings in the first quarter while reporting better-than-expected earnings and revenue.
The company's earnings per share were $2.25, exceeding the $1.62 estimate, and revenue was $94.59 billion, surpassing the $93.07 billion forecast.
CVS operates through segments like Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness.
Analysts have a "Moderate Buy" rating with a target price of $74.75.
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CVS Health reportó fuertes ganancias e ingresos a pesar de la disminución de las participaciones institucionales.