Barclays Maintains an 'Equalweight' on Molina Healthcare (MOH); Highlights From Meeting With Management

Barclays maintains an 'Equalweight' on Molina Healthcare (NYSE: MOH) price target of $36.00.

Analyst Raskin's highlighted points after meeting with MOH's management include: 1) Company believes opportunity to more than double revenues from 2011 levels; and 2) Well positioned in CA, FL, & TX, three states expected to have strong growth from health reform’s expansion of Medicaid eligibility in 2014. Raskin leaves FY12/13 EPS estimate unchanged at $1.80/$2.10.

For an analyst ratings summary and ratings history on Molina Healthcare click here. For more ratings news on Molina Healthcare click here.

Shares of Molina Healthcare closed at $32.95 yesterday.

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