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Fly News Breaks for January 14, 2019
CI
Jan 14, 2019 | 07:36 EDT
Stephens analyst Scott Fidel initiated coverage of 11 Managed Care and Healthcare Facilities stocks, telling investors that overall he is constructive on managed care and selective on hospitals. He started Cigna with an Overweight rating and $251 price target, citing his view that the addition of Express Scripts will bring significant new business and financial opportunities, along with new risks and uncertainties. Fidel sees a clear line of sight to the high end of the 2021 adjusted EPS target of $20-$21, he stated.
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