(Finance) – Great day for CVS Healthwhich is recording an increase of 3.96%.
The health insurance group expects revenues of at least $366 billion in fiscal 2024, higher than consensus expectations of $345.8 billion.
On a comparative level on a weekly basis, the trend of provider of healthcare products and services highlights a more marked trend than the trendline of theS&P 100. This demonstrates the greater propensity of investors to buy towards CVS Health compared to the index.
The medium-term situation of CVS Health remains bearish. However, examining the short-term chart, it would be reasonable to begin to doubt the possibility of the bearish phase extending. An upward improvement in the curve is therefore expected, which encounters the first obstacle at 72.07 USD. Support seen at 70.03. Further bullish cues favor a new target estimated probably in the 74.11 area.