CVS Health to Split Off Pharmacy Chain From Insurance Business
The separation, planned for early 2028, will place 9,000 pharmacies in a new company apart from Aetna and Caremark.
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The separation, planned for early 2028, will place 9,000 pharmacies in a new company apart from Aetna and Caremark.
Officials said the move should bring prices down within 18 months, or require another increase.
The two-stage announcement sent the stock up 9 percent and prompted three analysts to raise their targets.
The stock rose on the upgrade, which analysts cited as further evidence for the upgrade.
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