Jefferies Starts Molina Healthcare (MOH) at Hold

Jefferies initiates coverage on Molina Healthcare (NYSE: MOH) with a Hold. PT $37.00.

The firm comments, "The California Duals present a very large opportunity, but the stock has run up 51% YTD and trades above Medicaid peers. Additionally, our granular analysis shows MOH stands to benefit less than peers from the robust Medicaid RFP pipeline. The company's below average profitability, Missouri RFP loss, and elevated risk profile are also cautionary factors."

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 $33.44 yesterday.

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