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With an annual dividend yield of 2.19%, The Cigna Group (NYSE:CI) is included among the 12 Best Dividend Stocks to Invest in According to Hedge Funds.

The Cigna Group (NYSE:CI) is a global health company that provides insurance and related products and services. It operates through two segments: Evernorth Health Services and Cigna Healthcare.

On May 20, Deutsche Bank analyst George Hill downgraded The Cigna Group (NYSE:CI) from ‘Buy’ to ‘Hold’, while also slightly trimming its price target from $303 to $302. The lowered target still indicates an upside of almost 7% from the current price level. According to the analyst, Cigna is faced with a “multi-year uncertainty” as it works through changes to part of its insurance portfolio and pharmacy benefit manager model.

The downgrade comes despite The Cigna Group (NYSE:CI) beating estimates in its Q1 results last month. The company grew its adjusted profits by around 16% YoY to $7.79 per share, while its revenue of $68.5 billion was also up by 4.7% compared to last year. Moreover, the health firm raised its full-year 2026 consolidated adjusted EPS outlook to at least $30.35, up from the prior guidance of $30.25 and slightly better than the consensus of $30.33.

The Cigna Group (NYSE:CI) was also recently included in our list of the 10 Best Fortune 500 Stocks to Buy According to Analysts.

While we acknowledge the potential of CI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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