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Molina Healthcare (MOH) Gets a Hold from Goldman Sachs

Tipranks - Tue Apr 28, 8:44AM CDT

Goldman Sachs analyst Scott Fidel maintained a Hold rating on Molina Healthcare today and set a price target of $124.00.

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According to TipRanks, Fidel is a 4-star analyst with an average return of 8.7% and a 63.46% success rate. Fidel covers the Healthcare sector, focusing on stocks such as Molina Healthcare, Centene, and UnitedHealth.

In addition to Goldman Sachs, Molina Healthcare also received a Hold from Truist Financial’s David S Macdonald in a report issued today. However, on April 24, Barclays maintained a Sell rating on Molina Healthcare (NYSE: MOH).

Based on Molina Healthcare’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $10.8 billion and a net profit of $14 million. In comparison, last year the company earned a revenue of $11.15 billion and had a net profit of $298 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.

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