Hey, ESRX competes against CVS and it happy to put a needle in CVS eye.
Many thing will go wrong for CVS. It has to spends millios to keep some of WAG customers if any. This will have a negative effect on CVS income. But the biggest effect is losing customers no matter what CVS does. I am afraid that CVS may lose some of its customers plus WAG customers. Anyway, many things will go against CVS in coming quarters and CVS will have lower rev and lower income. Yeh, estimates and CVS target must be reduced soon.