Fundamental Analysis:
CVS has an stimated EPS in 2023 of 7,40(marketscreener) and 8,23(tikr). Applying a possible PER of 13x in 2023, this give us a potential price of 96,2-$106$.
Technical Analysis:
Since Resistance of 82$ has been broken it this can lead the price to next resistance level in 97$.
Considering both analysis, I'm bullish with this stock.
CVS has an stimated EPS in 2023 of 7,40(marketscreener) and 8,23(tikr). Applying a possible PER of 13x in 2023, this give us a potential price of 96,2-$106$.
Technical Analysis:
Since Resistance of 82$ has been broken it this can lead the price to next resistance level in 97$.
Considering both analysis, I'm bullish with this stock.
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