RBC Capital analyst Ben Hendrix raised the firm’s price target on Cigna to $344 from $294 and keeps a Sector Perform rating on the shares. The analyst notes the company’s better than expected Q3, with commercial utilization trending favorably. Hendrix adds that his increased price target reflects Cigna’s recent MCO re-rating and strong momentum at Evernorth.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CI: