MORGAN STANLEY: Here's how CVS can fend off Amazon (CVS, AMZN)

pulse

November 8, 2017 5:51 PM

CVS may have a secret weapon to stave off Amazon's move into healthcare, Jefferies notes.

CVS is
CVS should focus on its vertical integration strategy, according to Morgan Stanley, and steer clear of gong head to head with Amazon in next day or same day delivery.

CVS has made a number of acquisitions over the past decade, such as Caremark RX, a pharmacy benefits manager, Omnicare, a leading pharmacy services provider and Target's pharmacy and retail clinic businesses. That push puts the company on a better footing to

in next-day or same-day delivery service of prescriptions CVS already offers this service and plans to expand it to all of its locations in 2018. It is also considering a mail-order partnership.

The next catalyst for upside earnings growth could be an announcement on the rumored Aetna deal, which could then be integrated into its existing services, Goldwasser notes.

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