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2. CVS Health Corporation (NYSE:CVS)

Number of Hedge Fund Holders: 65

Shares of CVS Health Corporation (NYSE:CVS) turned green before the opening bell on Wednesday after the healthcare giant delivered better-than-expected results for Q3 and lifted its profit outlook for the full year.

CVS Health Corporation (NYSE:CVS) reported adjusted earnings of $2.09 per share, ahead of the consensus of $1.99 per share. Revenue for the quarter advanced 10 percent on a year-over-year basis to $81.2 billion, crushing the expectations of $76.75 billion.

For fiscal 2022, CVS Health Corporation (NYSE:CVS) now expects to achieve adjusted earnings in the range of $8.55 and $8.65 per share, compared to its earlier guidance between $8.40 – $8.60 per share.

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