UPDATE: Morgan Stanley Reiterates On CIGNA As 4Q Issues May Linger
February 14, 2014 at 08:32 AM EST
In a report published Friday, Morgan Stanley analyst Andrew Schenker reiterated an Overweight rating on CIGNA (NYSE: CI ), but lowered the price target from $100.00 to $93.00. In the report, Morgan Stanley noted, “Issues CI experienced in 4Q may spill over into 2014 results. However, >$1.5B in deployable cash