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Fly News Breaks for January 3, 2019
CI
Jan 3, 2019 | 08:20 EDT
As previously reported, Raymond James upgraded Cigna to Outperform from Market Perform with a $215 price target. Analyst John Ransom believes the combined Cigna/Express Scripts is poised for above peer earnings growth and believes valuation will improve due to the combination of the health insurance market's relatively low rate of change, and expectations of continued consistent execution and a moderate medical trend.