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Will CVS Health stock exceed $70 by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
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CVS Health Adds Four New Board Members, Including Glenview's Larry Robbins
Nov 18, 2024, 12:29 PM
CVS Health Corp. has announced the addition of four new members to its board, including Larry Robbins, the founder of Glenview Capital Management. This move comes as part of an agreement with the activist firm, which has been pushing for changes within CVS. The new appointments will increase the board's size to 16 members. The agreement was reported by The Wall Street Journal and other sources. CVS stock rose 1.6% in pre-market trading, and Wells Fargo upgraded CVS to Overweight with a target price of $66.
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