Cigna price target lowered to $350 from $400 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Cigna (CI) to $350 from $400 and keeps an Overweight rating on the shares. Cantor is confident that Cigna can correct their stop-loss pricing throughout the year and is optimistic on Evernorth, the analyst tells investors in a research note. The firm notes that the stop-loss troubles are not Cigna-specific.