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Wells Fargo Lowers CVS Price Target to $102, Maintains Overweight Rating
ByAinvest
Wednesday, Dec 3, 2025 3:18 pm ET1min read
Wells Fargo analyst Stephen Baxter lowered the price target for CVS Health Corporation to $102 from $103 while maintaining an Overweight rating. Q3 results were solid, but the bullish outlook for the Health Care Benefits segment in 2025 is tempered by a steeper Part D medical loss ratio. CVS is adapting to industry demands and implementing initiatives to improve margins and profitability.
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