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CVS Health: raises annual targets

(CercleFinance.com) - CVS Health has raised its targets for FY 2020, now looking for adjusted EPS of 7.
14-7.27 dollars and cash flow from operations of 11-11.5 billion dollars, against respective previous target ranges of 7.04-7.17 dollars and 10.5-11 billion dollars.

In Q2, the pharmacy chain achieved better-than-expected adjusted EPS of 2.64 dollars, with adjusted operating profit that is up 32.2% at 5.3 billion dollars and revenues that are up 3% at 65.3 billion dollars.


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