Molina Healthcare (MOH) Receives a Buy from Bernstein
Bernstein analyst Lance Wilkes assigned a Buy rating to Molina Healthcare yesterday and set a price target of $173.00. The company’s shares closed yesterday at $143.36.
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Wilkes covers the Healthcare sector, focusing on stocks such as Cigna, Centene, and CVS Health. According to TipRanks, Wilkes has an average return of -8.7% and a 32.67% success rate on recommended stocks.
Currently, the analyst consensus on Molina Healthcare is a Hold with an average price target of $143.54.
Based on Molina Healthcare’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $11.38 billion and a GAAP net loss of $160 million. In comparison, last year the company earned a revenue of $10.5 billion and had a net profit of $251 million
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is neutral on the stock. Last month, Ronna Romney, a Director at MOH sold 506.00 shares for a total of $74,341.52.
Read More on MOH:
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