Diamonds and Dogs
CVS Health (CVS) rises to a new high on an upgrade. Following its 2021 Investor Day, CVS received an upgrade with a $121 price target from Goldman Sachs. CVS is trying to transform the health care industry by providing more health care services in their stores. The Omicron variant has also boosted demand for the booster shot bringing more customers into their stores.
Airlines are lower, but fundamentals are moving in the right direction. Delta (DAL) is modestly lower but expects to serve 8.7 million customers over the holiday season. American Airlines is modestly lower even though they expect to hire 18,000 employees next year.
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