NYSE:CIHealthcare
What Cigna Group (CI)'s UBS Endorsement and PBM Shift Means For Shareholders
UBS recently named Cigna Group as a top healthcare pick, arguing that concerns around pharmacy benefit manager reform have largely been absorbed and that the company’s move to a rebate-free model has improved earnings visibility.
The analysts also highlighted Cigna’s limited exposure to government reimbursement, its discount relative to peers, and the potential for share buybacks as key supports for the investment case.
We’ll now examine how UBS’s view of Cigna as undervalued with improved...