Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Bear Stearns Cuts Rating on Cigna

Bear Stearns downgraded its rating on Cigna (CI) to attractive from buy.

Analyst John Rex says in a conference call following Cigna's Q4 results Friday, the employee-benefits firm made highly cautious statements about its 2001 economic outlook and the potential impact on its EPS earnings outlook. He says the company is, in essence, guiding the Street's numbers down. Rex says his $7.65 2001 estimate is under review; and he will likely reduce his estimate to the $7.50-$7.55 range and cut his price target to $125 from $135.

blog comments powered by Disqus