CVS Health Corporation (NYSE:CVS) has recently been highlighted as one of the cheap healthcare stocks to consider investing in as we head into 2026. Bernstein SocGen Group raised the price target on CVS Health Corporation to $86.00 from $77.00, while maintaining a ‘Market Perform’ rating on the stock. The firm pointed to the company’s Aetna business unit as a key driver for the improved guidance, although they also noted ongoing challenges in the Pharmacy Benefit Manager (PBM) segment.
According to Bernstein, CVS Health Corporation is making significant progress in its turnaround efforts, particularly with its Aetna business. However, the complexities surrounding the PBM environment pose a potential obstacle to near-term EPS growth. Despite this, the firm remains optimistic about Aetna’s growth potential and the possibility of a resurgence in PBM earnings alongside drug spend growth.
On the same day, RBC Capital reaffirmed its Outperform rating and $93 price target on CVS Health Corporation ahead of the company’s Investor Day presentation. The analyst emphasized CVS’s strong position in the market as it transitions towards rebate-free PBM models, which could bode well for future growth.
CVS Health Corporation, headquartered in Rhode Island, offers a range of health solutions in the United States. Established in 1996, the company operates through three main segments: Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness.
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In conclusion, CVS Health Corporation continues to be a prominent player in the healthcare industry with promising growth prospects. Investors should carefully consider the evolving landscape of the healthcare sector and the potential opportunities presented by companies like CVS.
