Cigna Reports Third Quarter 2016 Results Led by Strong Commercial Health Care Performance

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Jefferies Cuts Price Target on Cigna Corp. (CI) Following 3Q

November 4, 2016 9:44 AM EDT

Jefferies 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