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Stock Market & Financial Investment News

News Breaks
January 28, 2013
09:06 EDTCICigna could divest VADBe business, says Credit Suisse
Credit Suisse believes Cigna could divest its Variable Annuity Death Benefit business, or VADBe, given the complexities of understanding the business and the constraint on valuation. The analyst believes an exit is increasingly likely given a recent transaction in the space, increased interest by buyers, and improved equity markets. The firm believes a divestiture would increase Cigna's multiple and reiterates its Outperform rating and $28 price target.
News For CI From The Last 14 Days
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October 14, 2014
10:01 EDTCIOn The Fly: Analyst Downgrade Summary
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08:40 EDTCICigna downgraded at Sterne Agee
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05:49 EDTCICigna downgraded to Neutral from Buy at Sterne Agee
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October 7, 2014
07:12 EDTCICigna price target raised to $110 from $95 at JPMorgan
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