TD Cowen analyst Gary Taylor lowered the firm’s price target on Molina Healthcare to $349 from $380 and keeps an Outperform rating on the shares. The analyst said 1Q investment income and MLR beat our model and we are raising 2023 EPS slightly however slightly lowering 2024-25 EPS.
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Read More on MOH:
- Molina Healthcare price target raised to $365 from $356 at Deutsche Bank
- Molina Healthcare price target raised to $350 from $347 at Credit Suisse
- Molina Healthcare boosts FY23 adj. EPS view to at least $20.25, consensus $19.70
- Molina Healthcare reports Q1 adjusted EPS $5.81, consensus $5.12
- Molina Healthcare initiated with an Overweight at Cantor Fitzgerald