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Fly News Breaks for December 20, 2018
ESRX, CI
Dec 20, 2018 | 07:47 EDT
JPMorgan analyst Gary Taylor says Cigna (CI) is his top short-term idea to own into the 2019 JPMorgan Healthcare Conference. The analyst anticipates Cigna at the conference will be prepared to provide "at least high-level combined-company proforma 2019 guidance." He sees a "valuation catalyst" in the closing of the Express Scripts (ESRX) deal and keeps an Overweight rating on Cigna with a $250 price target.
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