On October 1, THE CIGNA GROUP fell 3.23% in regular trading, trading at approximately $263.01 per share, with turnover of about $63.73 million.

On the news front, THE CIGNA GROUP hosted its Investor Day and reaffirmed full-year guidance, projecting consolidated adjusted revenue of approximately $280 billion, falling roughly $7.1 billion short of the FactSet consensus estimate of $287.17 billion. Adjusted earnings per share were guided at no less than $30.45, also slightly below analysts' expectation of $30.51. The company outlined longer-term targets through 2030, including annual adjusted EPS growth of 10% to 14% and cumulative operating cash flow of about $50 billion.

Following the release, Jefferies lowered its price target on THE CIGNA GROUP to $288 from $307, maintaining a Hold rating, adding further selling pressure. Despite the average analyst consensus target remaining around $340.78 with an overweight rating, the near-term revenue shortfall and downward price target revision weighed on investor sentiment during the session.

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