Cigna Secures $378 Price Target with 2.08% Dividend Yield
Cigna yields 2.08% dividend and carries a Bank of America US1 target price of $378, marking it as a top healthcare pick. Its Evernorth segment provides pharmacy benefits, home delivery and specialty pharmacy services, specialty distribution and point-of-service care while its Cigna Healthcare unit offers medical, pharmacy, behavioral health, dental, Medicare Advantage and international group plans.
1. Bank of America US1 List Inclusion
Cigna Group earned a spot on Bank of America’s US1 list of top healthcare picks, reflecting its strong performance and reliable income profile compared with other Buy-rated stocks.
2. Dividend Yield and Price Target
Bank of America assigned Cigna a $378 price target and highlighted its 2.08% dividend yield as a key component for passive income strategies.
3. Segment Operations
Cigna’s Evernorth segment delivers pharmacy benefits, home delivery and specialty pharmacy services, plus distribution and care delivery solutions. The Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, Medicare Advantage, Medicare Supplement, Medicare Part D and international group health plans.