TD Cowen lowered the firm’s price target on Molina Healthcare to $351 from $412 and keeps a Buy rating on the shares. The firm adjustied their model estimates to account for higher anticipated MLRs in 2-4Q.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MOH:
- MOH Earnings this Week: How Will it Perform?
- Molina Healthcare awarded new Florida Medicaid contract
- Elevance Health downgraded to Neutral from Buy at BofA
- Molina Healthcare price target lowered to $400 from $440 at Truist
- Indivior to pay $85M to resolve consolidated antitrust litigation proceedings