UnitedHealth (UNH) Deal 'Highly Unlikely' to Be Imminent - Mizuho (AET) (CI)
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CIGNA (CI) Added to 'Most Preferred' List at UBS; PT to $175
June 17, 2015 3:19 PM EDTEarlier, 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 EDTLeerink 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
