JPMorgan Chase raised Cigna's price target and institutional investors increased their stakes.

JPMorgan Chase raised Cigna Group's (NYSE: CI) price target from $435 to $438, with other analysts also increasing their target prices. Cigna reported $6.72 EPS, beating analysts' consensus estimates, and announced a $1.40 per share quarterly dividend. Institutional investors, including Norges Bank and Vanguard Group, have increased their stakes in CI.

August 25, 2024
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