AM Best Comments on Health Care Service Corporation’s Planned Acquisition of The Cigna Group’s Medicare Business

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CIGNA (CI) PT Raised to $360 at Goldman Sachs

February 5, 2024 7:22 AM EST

Goldman Sachs analyst Nathan Rich raised the price target on CIGNA (NYSE: CI) to $360.00 (from $352.00) while maintaining a Neutral rating.

The analyst comments "CI outperformed (+5.4% on 2/2 vs S&P +1.1%) after reporting 4Q23 EPS 3%/4% above GS/consensus (FactSet), raising its 2024 EPS guidance by ~1% to >$28.25 from >$28.00, and reemphasizing its prioritization of share repurchases as... More