The Cigna Group (CI) Downgraded to ‘Hold’ at Deutsche Bank Amid “Multi-Year Uncertainty”

With an annual dividend yield of 2.19%, The Cigna Group (NYSE:CI) is included among the 12 Best Dividend Stocks to Invest in According to Hedge Funds.

The Cigna Group (CI) Downgraded to 'Hold' at Deutsche Bank Amid “Multi-Year Uncertainty”

The Cigna Group (NYSE:CI) is a global health company that provides insurance and related products and services. It operates through two segments: Evernorth Health Services and Cigna Healthcare.

On May 20, Deutsche Bank analyst George Hill downgraded The Cigna Group (NYSE:CI) from ‘Buy’ to ‘Hold’, while also slightly trimming its price target from $303 to $302. The lowered target still indicates an upside of almost 7% from the current price level. According to the analyst, Cigna is faced with a “multi-year uncertainty” as it works through changes to part of its insurance portfolio and pharmacy benefit manager model.

The downgrade comes despite The Cigna Group (NYSE:CI) beating estimates in its Q1 results last month. The company grew its adjusted profits by around 16% YoY to $7.79 per share, while its revenue of $68.5 billion was also up by 4.7% compared to last year. Moreover, the health firm raised its full-year 2026 consolidated adjusted EPS outlook to at least $30.35, up from the prior guidance of $30.25 and slightly better than the consensus of $30.33.

The Cigna Group (NYSE:CI) was also recently included in our list of the 10 Best Fortune 500 Stocks to Buy According to Analysts.

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