Cigna Previews Strong Second Quarter 2015 Results, Raises Outlook

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Go back to Cigna Previews Strong Second Quarter 2015 Results, Raises Outlook

Sterne Agee CRT Upgrades CIGNA (CI) to Buy

July 27, 2015 6:55 AM EDT

Sterne Agee CRT upgraded CIGNA (NYSE: CI) from Neutral to Buy with a price target of $190.00.

For an analyst ratings summary and ratings history on CIGNA click here. For more ratings news on CIGNA click here.

Shares of CIGNA closed at $145.72 yesterday.

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Cigna Corp. (CI) Offers Strong Prelim. Q2 Results; Updates FY15 Outlook

July 24, 2015 6:04 AM EDT

Cigna Corp. (NYSE: CI) announced preliminary financial results for the second quarter 2015.

Consolidated revenues in second quarter 2015 are expected to be approximately $9.5 billion, an increase of 9% over second quarter 2014, reflecting growth in Cigna's targeted customer segments.

Cigna's adjusted income from operations1 for second quarter 2015 is expected to be at least $650 million, or at least $2.50 per share, compared to $559 million, or $2.07 per share, for second quarter 2014. Results reflect strong revenue growth, specialty contributions, and continued effective medical cost... More