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Nissay Asset Management boosts CVS Health stake by 91.3%

CVS Health logoCVS Health
Sig1.45Sen+1.65Env0.00Soc0.00Gov0.00

Nissay Asset Management Corp Japan increased its CVS Health stake by 91.3% in the second quarter, according to SEC disclosure. State Street, Wellington, Capital International, and Bank of America also raised positions, while BlackRock bought a new stake. The news notes pharmacy momentum supporting a turnaround view alongside recent earnings momentum, revenue growth, and an earnings beat.

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