UPDATE: Anthem (ANTM), Cigna Corp. (CI) Pop Higher on Deal Chatter

Go back to UPDATE: Anthem (ANTM), Cigna Corp. (CI) Pop Higher on Deal Chatter

CIGNA (CI) Added to 'Most Preferred' List at UBS; PT to $175

June 17, 2015 3:19 PM EDT

Earlier, UBS added Buy-rated CIGNA (NYSE: CI) to its 'Most Preferred' List and raised its price target to $175.00 (from $149.00), citing very attractive risk-reward.

"Cigna is well-positioned to achieve low- to mid-teens annual earnings growth over time, in our view," analyst A.J. Rice said. "CI's large and middle market U.S. commercial business is projected to see high margins and mid-single-digit percentage annual top line growth.... More

CIGNA (CI) PT Bumped to $150 at Leerink Partners on Take-Out Optionality

June 16, 2015 11:04 AM EDT

Leerink Partners analyst Ana Gupte lifted her price target on Outperform CIGNA (NYSE: CI) to $150.00 (from $145.00) following reports the company rejected a $175 per share offer from ANTM (OP).

Gupte commented, "We see the strategic value of this deal and estimate high single digit accretion in... More

Stay Long CIGNA (CI), Says Deutsche Bank (AET) (ANTM) (UNH) (HUM)

June 16, 2015 9:38 AM EDT

Deutsche Bank maintained a Buy rating on CIGNA (NYSE: CI) and raised its price target to $180.00 (from $145.00). Aetna (NYSE: AET) and Anthem (NYSE: ANTM) price targets were raised to $135 (from $122) and $180 (from $175), respectively.

Comments follow a rumors from WSJ that said UnitedHealth Group (NYSE: UNH), Humana (NYSE: HUM), and the three companies are in... More

Anthem (ANTM) also said to be considering a bid for Humana (HUM) - Bloomberg

June 15, 2015 3:26 PM EDT

Anthem (NYSE: ANTM) is also said to be considering a bid for Humana (NYSE: HUM), according to Bloomberg headlines. Anthem was previously speculated to eye a takeover of Cigna (NYSE: CI), causing the stock to rip higher in late morning trading.

... More