Raymond James analyst John Ransom lowered the firm’s price target on Cigna (CI) to $350 from $385 and keeps a Strong Buy rating on the shares. The company reported Q3 results modestly ahead of expectations, and management reaffirmed its 2025 adjusted EPS outlook of “at least $29.60,” though the big reveal was the company is now only expecting modest EPS growth in 2026, the analyst tells investors in a research note. The firm said the company taking a much more proactive and “all at once” approach to recontacting should set the business up for a cleaner base to grow off going forward and helps get out ahead of any regulatory issues.
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