UBS Initiates Molina Healthcare At Buy

UBS initiated coverage on

with a Buy rating. The target price for Molina Healthcare is set to $80. Molina Healthcare shares have gained 52.95 percent over the past 52 weeks, while the S&P 500 index has surged 7.12 percent in the same period. Molina Healthcare shares rose 0.85 percent to close at $68.78 yesterday.