Analyst Favors Cigna, Alignment Healthcare, Cautious On Peers

Cigna Group’s (NYSE:CI) Evernorth Health Services announced on Tuesday a $3.5 billion investment in Shields Health Solutions, a specialty pharmacy management company.

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Evernorth’s investment coincided with Shields’ establishment as a private, stand-alone company upon its acquisition by Sycamore Partners, a private equity firm.

This followed Sycamore’s acquisition of Walgreens Boots Alliance, Shields’ previous owner.

Evernorth’s investment in Shields was in the form of preferred stock and was not expected to have a material impact on Cigna’s previously issued 2025 adjusted EPS guidance of at least $29.60.

BofA Securities wrote that Cigna is a pure-play commercial insurer, the only MCO to maintain its long-term EPS growth outlook.

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