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CI

Cigna

$166.74

0.23 (0.14%)

, HUM

Humana

$229.69

-0.57 (-0.25%)

06:30
06/12/17
06/12
06:30
06/12/17
06:30

Cigna initiated with an Outperform at Credit Suisse

Credit Suisse analyst Scott Fidel started Cigna (CI) with an Outperform rating and $185 price target. In a research note titled "Once the Prey, Now the Hunter," Fidel argues that an acquisition of Humana (HUM) would be "highly strategic and value creative." He also believes Cigna is poised for accelerating earnings growth in 2017.

CI

Cigna

$166.74

0.23 (0.14%)

HUM

Humana

$229.69

-0.57 (-0.25%)

  • 13

    Jun

  • 21

    Jun

CI Cigna
$166.74

0.23 (0.14%)

06/08/17
JPMS
06/08/17
NO CHANGE
JPMS
Overweight
Humana takeover still likely, $300 bid possible, says JPMorgan
After hosting investor meetings with management, JPMorgan analyst Gary Taylor says a possible sale of Humana (HUM) is still likely. The company's Medicare Advantage assets are coveted by every other publicly traded health plan and likely pharmacy benefit managers/drug stores, Taylor tells investors in a research note. He thinks Humana management is well prepared to discuss the possibilities of both health plan and PBM or drug store integration. The analyst continues to believe Cigna (CI) is the most plausible candidate, presuming a simultaneous sale of HealthSpring, to buy Humana. He sees the potential for a $250-$300 per share bid. Humana closed yesterday up 25c to $233.75. Along with Cigna, publicly traded health plans include Aetna (AET), Anthem (ANTM) and UnitedHealth (UNH). Express Scripts (EXRX) and CVS Health (CVS) are pharmacy benefit managers.
06/06/17
MSCO
06/06/17
INITIATION
Target $184
MSCO
Overweight
Cigna initiated with an Overweight at Morgan Stanley
Morgan Stanley analyst Zack Sopcak initiated Cigna with an Overweight and a $184 price target saying he sees double digit growth through capital deployment and balanced growth across its diversified revenue streams.
06/05/17
UBSW
06/05/17
NO CHANGE
Target $186
UBSW
Buy
Cigna price target raised to $186 from $181 at UBS
UBS analyst AJ Rice raised his price target on Cigna to $186 from $181 following an upbeat management tone at its investor meetings in Boston. The analyst said the company was bullish about its standalone prospects but also about its financial flexibility to take advantage of any growth opportunities via M&A. Rice reiterated his Buy rating on Cigna shares.
06/02/17
WELS
06/02/17
NO CHANGE
WELS
Humana, Cigna could combine, says Wells Fargo
Wells Fargo says that Cigna (CI) and Humana (HUM) could combine "but only at the right price." The firm thinks that Cigna was interested in Humana in 2015, and it believes that Cigna is still interested in Humana given the strong growth of Medicare. However, Wells believes that Cigna would have to make "a relatively high cash bid" of around $275 per share "and more likely $300" to make the deal. Wells estimates that Cigna would see little accretion at such a price. Moreover, Wells does not expect Humana's stock to rise quickly if such a deal is made due to doubts about whether the transaction can be completed and the efforts of Humana's competitors "to pick off" its brokers in the wake of a deal. Wells keeps a $258 price target and Outperform rating on Humana.
HUM Humana
$229.69

-0.57 (-0.25%)

06/09/17
06/09/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Zynga (ZNGA) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Brian Nowak saying the company's in-game innovation, starting with Poker, is resulting in higher engagement and monetization. 2. Citi (C) upgraded to Neutral from Sell at UBS with analyst Saul Martinez saying he sees an improved risk/reward at current share levels. Global growth "looks resilient," protectionist policies have not emerged, and the path forward for structural reforms in the U.S. "is not as clear." 3. Comerica (CMA) upgraded to Outperform from Market Perform at FBR Capital. 4. Camping World (CWH) upgraded to Buy from Neutral at Goldman Sachs with analyst David Tamberrino saying he expects growth to continue despite late-cycle concerns. 5. Humana (HUM) upgraded to Buy from Hold at Argus with analyst David Toung saying he is upbeat about its growth outlook following the termination of its merger deal with Aetna (AET). This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
06/09/17
ARGS
06/09/17
UPGRADE
ARGS
Buy
Humana upgraded to Buy from Hold at Argus
Argus analyst David Toung upgraded Humana (HUM) as he is upbeat about its growth outlook following the termination of its merger deal with Aetna (AET). He predicts that Humana will focus on growing its Medicare Advantage business, and he thinks that its margins can increase as its exits underperforming markets. Target $260.
06/06/17
MSCO
06/06/17
INITIATION
Target $262
MSCO
Overweight
Humana initiated with an Overweight at Morgan Stanley
Morgan Stanley analyst Zack Sopcak initiated Human with an Overweight and a $262 price target saying its the leader in the high growth Medicare Advantage/Medicare Part D markets with a strong balanced sheet and established services franchise.

TODAY'S FREE FLY STORIES

ENRJ

EnerJex Resources

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-0.025 (-8.20%)

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C

Citi

$66.08

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JPM

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-0.18 (-0.20%)

, AAPL

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FOXA

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SNA

Snap-On

$142.41

-5.55 (-3.75%)

11:41
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Technical Analysis
Technical View: Snap-On falls to session lows, analyst action »

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  • 22

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TV

Grupo Televisa

$25.75

0.31 (1.22%)

11:40
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Options
Put seller opens a large position in Grupo Televisa »

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11:40
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General news
Fed's inaugural SCE Labor Market Survey surprisingly dour: »

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CYH

Community Health

$7.63

0.595 (8.46%)

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ASL Strategic Value Fund calls on Community Health board to replace CEO »

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Hot Stocks
Breaking Hot Stocks news story  »

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BRK.A

Berkshire Hathaway

$267,800.00

423 (0.16%)

, BRK.B

Berkshire Hathaway

$177.86

0.3 (0.17%)

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Berkshire Hathaway Energy agreement to acquire Oncor terminated by EFH »

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BRK.A

Berkshire Hathaway

$267,800.00

423 (0.16%)

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Berkshire Hathaway

$177.86

0.3 (0.17%)

03/08/13
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F

Ford

$10.62

0.06 (0.57%)

, AAPL

Apple

$157.50

-0.36 (-0.23%)

11:36
08/21/17
08/21
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Periodicals
Ford CTO: Autonomous vehicles need more than just software, Axios reports »

Ford (F) CTO Ken…

F

Ford

$10.62

0.06 (0.57%)

AAPL

Apple

$157.50

-0.36 (-0.23%)

GOOG

Alphabet

$910.67

-0.31 (-0.03%)

GOOGL

Alphabet Class A

$926.18

-1.48 (-0.16%)

03/08/13
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  • 23

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PNW

Pinnacle West

$89.26

-0.03 (-0.03%)

11:35
08/21/17
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11:35
Hot Stocks
Pinnacle West says Commissioner Burns files petition to vacate ACC's order »

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11:34
08/21/17
08/21
11:34
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11:34
General news
3-Month Bill Auction Total Amount data reported »

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General news
6-Month Bill Auction Total Amount data reported »

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MCD

McDonald's

$158.46

0.7 (0.44%)

11:31
08/21/17
08/21
11:31
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11:31
Periodicals
McDonald's to close 169 outlets in northern, eastern India, Reuters reports »

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  • 25

    Sep

AEO

American Eagle

$10.40

-0.715 (-6.44%)

11:30
08/21/17
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11:30
Options
American Eagle puts active as shares touch 52-week lows »

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  • 23

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PNW

Pinnacle West

$89.00

-0.2899 (-0.32%)

11:29
08/21/17
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Earnings
Breaking Earnings news story on Pinnacle West »

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IYR

DJ US Real Estate Index Fund

$79.79

0.61 (0.77%)

, XLV

Health Care Select Sector SPDR

$78.27

0.27 (0.35%)

11:25
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Technical Analysis
S&P 500 trades near top of range for the day as mid-session approaches »

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IYR

DJ US Real Estate Index Fund

$79.79

0.61 (0.77%)

XLV

Health Care Select Sector SPDR

$78.27

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XLP

Consumer Staples Sector SPDR

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XLB

S&P Select Materials SPDR

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XLU

Utilities SPDR

$54.56

0.06 (0.11%)

XLE

Energy Select Sector SPDR

$62.05

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XLF

Financial Select Sector

$24.49

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XLK

Technology Select Sector SPDR

$56.83

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SPY

SPDR S&P 500 ETF Trust

$242.46

-0.25 (-0.10%)

SPX

S&P 500

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AXDX

Accelerate Diagnostics

$21.70

-1.85 (-7.86%)

11:22
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Recommendations
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ETE

Energy Transfer Equity

$16.54

-0.135 (-0.81%)

11:20
08/21/17
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Options
Short-term call buyer in Energy Transfer Equity »

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$NSD

NASDAQ Market Internals

11:17
08/21/17
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11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

11:16
08/21/17
08/21
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Technical Analysis
NYSE market internals summary »

Volume is below average…

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11:15
08/21/17
08/21
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11:15
General news
Treasury announced a $30 B 4-week bill sale for Tuesday »

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General news
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PAYX

Paychex

$54.99

0.01 (0.02%)

11:11
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Paychex acquires HR Outsourcing Holdings; terms not disclosed »

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