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Fly News Breaks for September 11, 2019
CI
Sep 11, 2019 | 20:16 EDT
Deutsche Bank analyst George Hill initiated Cigna with a Buy rating and a price target of $207 as part of a broader research note on Healthcare Technology & Services. The analyst believes that the company's PBM segment does not contain the significant short-term earnings risk implied by the "steep discount" of the stock price, adding that its core commercial MCO and the perceived cross sales benefit could drive its multiple expansion.
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