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Fly News Breaks for June 17, 2015
CI
Jun 17, 2015 | 07:16 EDT
UBS added Cigna to its Most Preferred List and said the shares are attractive from both an operating and a consolidation perspective. The firm believes the risk/reward is attractive at current levels and applied a 30% probability of a buyout. UBS reiterated its Buy rating and raised its price target to $175 from $149 on Cigna shares.