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

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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

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

UnitedHealth (UNH) Deal 'Highly Unlikely' to Be Imminent - Mizuho (AET) (CI)

June 15, 2015 3:29 PM EDT

A merger deal involving UnitedHealth Group (NYSE: UNH) is 'high unlikely' to be imminent, said Mizuho Securities analyst Sheryl R. Skolnick. Comments follow earlier rumors from WSJ that suggested the company was eyeing Cigna Corp. (NYSE: CI) and Aetna (NYSE: AET). WSJ also reported that Anthem (NYSE: ANTM) is pursuing a takeover of Cigna Corp.

Skolnick pointed out that UnitedHealth Director Gail Wilensky just filed to sell stock, so the company can't be in a quiet... 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

UPDATE: UnitedHealth Group (UNH) Said Eying Potential Aetna (AET), Cigna (CI) Deal

June 15, 2015 2:04 PM EDT

(Updated - June 15, 2015 2:11 PM EDT)

UnitedHealth Group (NYSE: UNH) said eying Aetna (NYSE: AET), Cigna Corp. (NYSE: CI), according to the WSJ.

UPDATE - UnitedHealth going... More

Unusual 11 Mid-Day Movers 6/15: (NKA) (TRAK) (ORPN) Higher; (ERN) (AMCN) (AST) Lower

June 15, 2015 12:50 PM EDT

Niska Gas Storage Partners LLC (NYSE: NKA) 177.9% HIGHER; announced that it and its managing member, Niska Gas Storage Management LLC, have entered into a definitive agreement to be acquired by Brookfield Infrastructure (NYSE: BIP) and its institutional partners ("Brookfield"). Under the terms of the acquisition agreement ("Merger Agreement"), Brookfield will acquire all of Niska`s outstanding common units for $4.225 per common unit in cash and will acquire the managing member and the incentive distribution rights in Niska (the "Transaction").

Dealertrack Technologies, Inc. (Nasdaq:... More

Streetinsider.com's Hot Lunchtime Reads 6/15: (CI) (AAPL) (AIG) (TGT) (TKMR) (MU)

June 15, 2015 12:14 PM EDT

The following is a list of notable articles to help get you through the lunch hour:Anthem (ANTM), Cigna Corp. (CI) Pop Higher on Deal Chatter ->... More

Humana (HUM) Weaker on Report Cigna (CI) Targeted in Takeover

June 15, 2015 12:10 PM EDT

Humana (NYSE: HUM) is seeing mid-day pressure on reports Cigna Corp. (NYSE: CI) rebuffed a $175/share offer from Anthem (NYSE: ANTM).

SI Note: Cigna is one of several rumored suitors for Humana. Aetna (NYSE: AET) is also said to be involved.

... More

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

June 15, 2015 12:03 PM EDT

(Updated - June 15, 2015 12:03 PM EDT)

Anthem (NYSE: ANTM) and Cigna Corp. (NYSE: CI) are popping higher. Dow Jones reports that Anthem was said to make a takeover approach for Cigna. Anthem was said to offer... More