Michael Burry Puts His Money Where His Mouth Is For Market Crash Prediction: But Did He Sell Too Soon?
Famed “Big Short” investor Michael Burry has taken an extremely bearish stance during the third quarter of 2022 — but was it too much?
Cowen Slashes Price Target On This Stock By Over 78%; Also Check Out Some Other Big PT Changes
Cowen & Co. cut the price target for The RealReal, Inc. (NASDAQ: REAL) from $14 to $3. RealReal shares fell 0.7% to $3.1388 in pre-market trading.
SVB Leerink Maintains Market Perform on Cigna, Raises Price Target to $305
SVB Leerink analyst Whit Mayo maintains Cigna (NYSE:CI) with a Market Perform and raises the price target from $276 to $305.
Goldman Sachs Maintains Neutral on Cigna, Raises Price Target to $311
Goldman Sachs analyst Nathan Race maintains Cigna (NYSE:CI) with a Neutral and raises the price target from $273 to $311.
Mizuho Maintains Buy on Cigna, Raises Price Target to $330
Mizuho analyst Ann Hynes maintains Cigna (NYSE:CI) with a Buy and raises the price target from $291 to $330.
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What Are Whales Doing With Cigna
Someone with a lot of money to spend has taken a bearish stance on Cigna (NYSE:CI).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Cigna Q2 Adj. EPS $6.22 Beats $5.48 Estimate, Sales $45.50B Beat $44.41B Estimate
Cigna (NYSE:CI) reported quarterly earnings of $6.22 per share which beat the analyst consensus estimate of $5.48 by 13.5 percent. This is a 18.7 percent increase over earnings of $5.24 per share from the same period
Earnings Scheduled For August 4, 2022
Companies Reporting Before The Bell
• Toyota Motor (NYSE:TM) is projected to report earnings for its first quarter.