Health insurer Cigna to buy Express Scripts for about $52 billion

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Go back to Health insurer Cigna to buy Express Scripts for about $52 billion

'Long-Term Downside Options Positioning' in Express Scripts (ESRX) Following Cigna (CI) Deal News -Susquehanna

March 8, 2018 1:28 PM EST

Susquehanna options strategist Alison Edwards notes long-term put buying in Express Scripts (NASDAQ: ESRX) following Cigna (NYSE: CI) deal announcement, as investor bought 10k Jan 75 Puts for $3.50. Shares are currently up over 8%.

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William Blair Downgrades Express Scripts (ESRX) to Market Perform Amid Merger Announcement

March 8, 2018 12:51 PM EST

William Blair downgraded Express Scripts (NASDAQ: ESRX) from Outperform to Market Perform following merger announcement.

For an analyst ratings summary and ratings history on Express Scripts click here. For more ratings news on Express Scripts click here.

Shares of Express Scripts closed at $73.42 yesterday.

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UnitedHealth Group (UNH) Could Loss Cigna's (CI) PBM Outsourcing Biz Amid Express Scripts (ESRX) Deal - Evercore ISI

March 8, 2018 7:42 AM EST

Evercore ISI analyt Ross Muken notes UnitedHealth Group (NYSE: UNH) faces likely loss of Cigna's (NYSE: CI) PBM outsourcing business after it agreed to acquire Express Scripts (NASDAQ: ESRX), but they... More