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Cigna price target lowered to $375 from $405 at Truist

Truist lowered the firm’s price target on Cigna (CI) to $375 from $405 but keeps a Buy rating on the shares. The firm remains bullish on Cigna folowing solid Q2 results marked by a stronger top-line, a bit better adjusted EPS and reaffirmed guidance, the analyst tells investors in a research note. Evernorth demand trends remain brisk, and selling season commentary was solid, the firm added.

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