Morgan Stanley Reiterates Overweight on Cigna Group, Raises Price Target to $392
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erin Wright has reiterated an Overweight rating on Cigna Group (NYSE:CI) and increased the price target from $382 to $392.
March 04, 2024 | 3:41 pm
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Morgan Stanley has reiterated an Overweight rating on Cigna Group and raised the price target from $382 to $392.
The reiteration of an Overweight rating combined with an increase in the price target by a reputable analyst firm like Morgan Stanley suggests a strong confidence in Cigna Group's future performance. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100