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CVS has natural hedges built in the business due to healthcare, managed care, and pharmacy: Analyst

· 08.02.2024 · 00:26:30 ··· Donnerstag ⭐ 0 🎬 0 📺 Yahoo Finance
Despite reporting better-than-expected fourth-quarter earnings results, CVS Health (CVS) had to cut its full-year outlook due to medical cost pressures.
Piper Sandler Healthcare Analyst Jessica Tassan tells Yahoo Finance Live that CVS’s “diversified business model” could help mitigate some of the impacts of Medicare Advantage costs. Looking ahead, she expects the pharmacy and consumer business segments to help offset some of the cost pressures associated with higher medical costs. Tassan expects this dynamic to continue throughout 2024 and become "even more compelling" in 2025.

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