Anthem says it may trim Obamacare participation in 2018
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Jefferies Cuts Price Target on Cigna Corp. (CI) Following 3Q
November 4, 2016 9:44 AM EDTJefferies maintained a Buy rating on CIGNA (NYSE: CI), and cut the price target to $149.00 (from $153.00), following the company's 3Q earnings report. Management was emphatic about strong 2017 EPS growth after this year's 8% decline. EPS guidance was unchanged. However, Healthcare earnings guidance was lowered by... More
Leerink Partners Raises Price Target on Anthem (ANTM) to $160 Following 3Q EPS Miss
November 3, 2016 7:16 AM EDTLeerink Partners reiterated an Outperform rating on Anthem (NYSE: ANTM), and raised the price target to $160.00 (from $155.00), following the company's 3Q earnings report. ANTM reported a 2c miss vs. consensus, with EPS coming in at $2.45 on a revenue beat. The miss was driven mostly by SG&A and to a much lesser extent on a Consolidated MLR miss.
Analyst Ana Gupte commented, "We are more positive on... More
