Jefferies Upgrades Cigna Group to Buy, Raises Price Target to $341
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst David Windley has upgraded Cigna Group (NYSE:CI) from Hold to Buy and increased the price target from $335 to $341, indicating a positive outlook on the company's stock.
December 11, 2023 | 12:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Cigna Group's stock has been upgraded by Jefferies from Hold to Buy, with a raised price target from $335 to $341, suggesting confidence in the company's growth prospects.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect an improved outlook on the company's future earnings and performance. The increase in price target further reinforces this positive sentiment, likely leading to an uptick in investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100