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Molina Healthcare price target lowered to $175 from $210 at Truist

Truist lowered the firm’s price target on Molina Healthcare (MOH) to $175 from $210 and keeps a Hold rating on the shares. The company posted challenging Q3 results where ongoing medical cost pressures resulted in an adjusted EPS miss while FY25 guidance was cut, with initial FY26 comments pointing to earnings similar to FY25 levels, the analyst tells investors in a research note. Medicaid commentary was constructive however relative to the difficult environment, the firm added.

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