Deutsche Bank Downgrades Cigna Group (CI) to 'Hold' Amid Multi-Year Uncertainty
Deutsche Bank analyst George Hill downgraded The Cigna Group (NYSE:CI) from 'Buy' to 'Hold', citing multi-year uncertainty related to changes in its insurance portfolio and pharmacy benefit manager model. Despite the downgrade, Cigna reported strong Q1 results with a 16% YoY increase in adjusted profits.
Tickers: $CI
Topics: Cigna Group Deutsche Bank Dividend Stocks Healthcare Sector