Monness Crespi steps to sidelines on health insurance names

|By:, SA News Editor

Monness Crespi is out with downgrades for health insurers.

Aetna (AET), Cigna (CI), WellPoint (WLP), UnitedHealth (UNH), and Humana (HUM) are all cut to Neutral from Buy.

Most of the names are trading fairly close to their respective 52-week highs.

% below 52-week highs as of Monday's close: WLP -3.5%, AET -8%, CI -6%, UNH -9%, HUM -5.7%