The Cigna Group Reports Strong First Quarter 2024 Results, Raises 2024 Outlook
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May 3, 2024 6:57 AM EDT
Cantor Fitzgerald analyst Sarah James raised the price target on CIGNA (NYSE: CI) to $400.00 (from $384.00) while maintaining a Overweight rating.
The analyst comments "We are raising our price target from $384 to $400. This represents a 2025E P/E multiple of 12.2x from our previous... More
May 3, 2024 6:51 AM EDT
RBC Capital analyst Ben Hendrix raised the price target on CIGNA (NYSE: CI) to $384.00 (from $383.00) while maintaining a Outperform rating.
The analyst comments "We are puzzled by share weakness on Thursday, following Cigna's solid first quarter beat and raise. We believe the sell-off is... More
May 2, 2024 6:53 AM EDT
Cigna Group (NYSE: CI) shares rose 2% in premarket trading Thursday after the company unveiled better-than-expected earnings and revenue for the fiscal Q1 and raised the full-year profit outlook.
Specifically, the company posted earnings per share (EPS) of $6.47, topping the consensus estimates of $6.22. Revenue for the quarter reached $57.26 billion, also... More
