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CI

Cigna

$158.73

5.93 (3.88%)

09:03
05/07/19
05/07
09:03
05/07/19
09:03

Bridges Health, Cigna enter into Collaborative Accountable Care Agreement

Bridges Health Partners and Cigna have entered into a Collaborative Accountable Care Agreement for Cigna commercial customers in Western Pennsylvania. The agreement becomes effective July 1, 2019 and will make it easier for Bridges Health Partners LLC doctors to proactively help Cigna customers achieve better health.

  • 31

    May

CI Cigna
$158.73

5.93 (3.88%)

05/03/19
GSCO
05/03/19
DOWNGRADE
Target $200
GSCO
Buy
Cigna downgraded to Buy from Conviction Buy at Goldman Sachs
Goldman Sachs analyst Stephen Tanal removed Cigna from his firm's Conviction List while maintaining a Buy rating on the shares. The company's first full quarter of ownership of Express Scripts "exacerbated uncertainty" around underlying pharmacy benefit manager fundamentals, Tanal tells investors in a research note. The analyst says lower branded drug price inflation and competitive dynamics reduce his conviction in Cigna's near-term earnings and stock performance. Tanal, however, remains bullish on the company's long-term prospects. He lowered his price target for the Cigna shares to $200 from $215.
04/23/19
UBSW
04/23/19
INITIATION
Target $185
UBSW
Buy
Cigna initiated with a Buy at UBS
UBS analyst Whit Mayo started Cigna with a Buy rating and $185 price target. Cigna has lost a third of its value since announcing the Express Scripts transaction in early 2018 and now trades at eight times estimated 2020 earnings, Mayo tells investors in a research note. The analyst believes the current valuation reflects an "overly harsh and economic unrealistic view."
04/17/19
SPHN
04/17/19
NO CHANGE
SPHN
Issues facing healthcare sector now 'modest' compared to 2008-10, says Stephens
Stephens analyst Scott Fidel noted that the managed care group has sharply underperformed the S&P 500 over the last month amid "political rhetoric" around point-of-sale drug rebates and Medicare for all policy proposals, though he believes the issues facing the sector right now "seem modest in comparison" to the "dark days of 2008-2010." While recent Medicare for all proposals have rattled investors, "they will face enormous uphill battles," Fidel tells investors. Hospital stocks have outperformed MCOs year-to-date, but the group declined about 9% yesterday and underperformed the MCO group, which Fidel attributes to acknowledgement by industry bellwether UnitedHealth (UNH) of the significant disruptive nature of Medicare for all, which may have sparked additional fears, as well as one less calendar day being called out by UnitedHealth as benefiting Q1 MLRs and Johnson & Johnson's (JNJ) earnings call commentary on declining sequential hospital admissions from Q4. Publicly traded companies in the hospital space include Community Health (CYH), HCA Healthcare (HCA), LifePoint (LPNT), Tenet (THC) and Universal Health (UHS). Publicly traded companies in the managed care space include Anthem (ANTM), CVS Health (CVS), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG).
04/10/19
CANT
04/10/19
NO CHANGE
CANT
Senate hearing a net positive for PBMs, says Cantor Fitzgerald
Cantor Fitzgerald analyst Steven Halper views yesterday's Senate hearing as a net positive for the pharmacy benefit managers. The PBMs represented were Cigna (CI), CVS Health (CVS), UnitedHealth (UNH), Humana (HUM) and Prime Therapeutics. Although the Senators were not supportive of the PBMs, the executives responded well to questions and put forth a solid effort to address concerns regarding their business model and incentives, Halper tells investors in a research note. Overall, he views the hearing as a net positive for PBMs "as the group was able to counter the negative sentiment with constructive responses, recognizing this story is far from over."

TODAY'S FREE FLY STORIES

RNR

RenaissanceRe

$170.85

-0.34 (-0.20%)

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RTIX

RTI Surgical

$4.40

-0.08 (-1.79%)

17:21
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Syndicate
Breaking Syndicate news story on RTI Surgical »

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    May

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DXC

DXC Technology

$52.00

-2.5 (-4.59%)

17:21
05/23/19
05/23
17:21
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17:21
Earnings
DXC Technology sees FY20 adjusted EPS $7.75-$8.50, consensus $9.21 »

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  • 23

    May

RTIX

RTI Surgical

$4.40

-0.08 (-1.79%)

17:19
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05/23
17:19
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17:19
Syndicate
Breaking Syndicate news story on RTI Surgical »

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    May

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    Jun

RTN

Raytheon

$179.79

-1.01 (-0.56%)

17:15
05/23/19
05/23
17:15
05/23/19
17:15
Hot Stocks
Raytheon awarded $355.49M Navy contract for AGM-88B missiles »

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  • 30

    May

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    Jun

DVAX

Dynavax

$6.36

(0.00%)

17:15
05/23/19
05/23
17:15
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17:15
Hot Stocks
Breaking Hot Stocks news story on Dynavax 

Dynavax trading resumes

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  • 30

    May

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    May

  • 05

    Jun

COST

Costco

$248.62

-0.93 (-0.37%)

17:11
05/23/19
05/23
17:11
05/23/19
17:11
Recommendations
Costco analyst commentary  »

Baird recommends…

03/08/13
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  • 30

    May

MYND

MYnd Analytics

$1.16

0.14 (13.73%)

17:06
05/23/19
05/23
17:06
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17:06
Hot Stocks
MYnd Analytics director John Pappajohn purchases 200K shares of company stock »

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CBOE

Cboe Global Markets

$106.40

-1.45 (-1.34%)

17:05
05/23/19
05/23
17:05
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17:05
Hot Stocks
Cboe Global Markets EVP Harkins sells 4.3K shares of common stock »

In a regulatory filing,…

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MGNX

MacroGenics

$18.64

0.18 (0.98%)

16:56
05/23/19
05/23
16:56
05/23/19
16:56
Hot Stocks
Integrated Core Strategies reports 5.7% passive stake in MacroGenics »

Integrated Core…

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  • 31

    May

IMRN

Immuron

$4.90

(0.00%)

16:49
05/23/19
05/23
16:49
05/23/19
16:49
Syndicate
Immuron announces offering to sell ADSs »

Immuron Limited announced…

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ROLL

RBC Bearings

$140.52

1.84 (1.33%)

16:47
05/23/19
05/23
16:47
05/23/19
16:47
Hot Stocks
RBC Bearings announces $100M share repurchase program »

RBC Bearings announced…

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  • 23

    May

  • 05

    Jun

DVAX

Dynavax

$6.36

(0.00%)

16:47
05/23/19
05/23
16:47
05/23/19
16:47
Hot Stocks
Dynavax to restructure to focus on vaccine business »

Dynavax Technologies…

03/08/13
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  • 30

    May

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    May

  • 05

    Jun

CNC

Centene

$55.45

-1.33 (-2.34%)

, WCG

WellCare

$274.46

-3.54 (-1.27%)

16:45
05/23/19
05/23
16:45
05/23/19
16:45
Hot Stocks
Centene, WellCare announce special meeting date, transaction to close by 1H20 »

Centene (CNC) and…

CNC

Centene

$55.45

-1.33 (-2.34%)

WCG

WellCare

$274.46

-3.54 (-1.27%)

03/08/13
Wedge Partners
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03/06/13
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03/06/13
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  • 29

    May

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    Jun

  • 23

    Jul

DVAX

Dynavax

$6.36

(0.00%)

16:42
05/23/19
05/23
16:42
05/23/19
16:42
Hot Stocks
Breaking Hot Stocks news story on Dynavax »

Dynavax trading halted,…

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  • 30

    May

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    May

  • 05

    Jun

DNKEY

Danske Bank

$0.00

(0.00%)

16:39
05/23/19
05/23
16:39
05/23/19
16:39
Downgrade
Danske Bank rating change at Goldman Sachs »

Danske Bank downgraded to…

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WD

Walker & Dunlop

$51.59

-0.92 (-1.75%)

16:39
05/23/19
05/23
16:39
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16:39
Hot Stocks
Walker & Dunlop President Howard Smith sells $4M in company shares »

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TD

Toronto-Dominion

$56.01

1.05 (1.91%)

16:36
05/23/19
05/23
16:36
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16:36
Downgrade
Toronto-Dominion rating change at National Bank »

Toronto-Dominion…

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  • 23

    May

16:36
05/23/19
05/23
16:36
05/23/19
16:36
General news
Money Supply M2 Weekly Change data reported »

Week of 5/13 Money Supply…

GWGH

GWG Holdings

$15.25

0.05 (0.33%)

16:36
05/23/19
05/23
16:36
05/23/19
16:36
Hot Stocks
GWG Holdings receives noncompliance notification from Nasdaq »

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NSA

National Storage

$29.80

-0.195 (-0.65%)

16:35
05/23/19
05/23
16:35
05/23/19
16:35
Hot Stocks
National Storage 'elevates' its CEO Arlen Nordhagen to Executive Chairman »

National Storage…

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  • 23

    May

  • 04

    Jun

16:34
05/23/19
05/23
16:34
05/23/19
16:34
General news
Fed Balance Sheet Level data reported »

Week of 5/22 Fed Balance…

MOS

Mosaic

$21.62

-0.72 (-3.22%)

16:32
05/23/19
05/23
16:32
05/23/19
16:32
Hot Stocks
Mosaic doubles quarterly dividend to 5c per share »

The dividend will be paid…

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  • 23

    May

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    May

  • 13

    Nov

ATIS

Attis Industries

$2.15

0.31 (16.85%)

16:32
05/23/19
05/23
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16:32
Hot Stocks
Attis Industries notified by Nasdaq of delinquent Q1 10-Q filing »

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FLMN

Falcon Minerals

$7.36

-0.26 (-3.41%)

16:32
05/23/19
05/23
16:32
05/23/19
16:32
Initiation
Falcon Minerals initiated at Baird »

Falcon Minerals initiated…

03/08/13
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  • 04

    Jun

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