Market Overview

Molina Healthcare Added to Wedbush's Best Ideas List

Share:
Related MOH
Centene's (CNC) Unit Secures Medicaid Contract in Mississipi
Senate Unveils Its Version of Trumpcare: Healthcare Stocks Up

Wedbush analyst Sarah James added Outperform rated Molina Healthcare (NYSE: MOH) to the Best Ideas List.

James reported that the investors are waiting for a selloff to buy Molina Healthcare may not succeed as California EBIT margin guarantee makes the stock drop less likely. The analyst noted that the next catalyst may be in late January on investor day where Molina could raise its 2015 revenue forecast above consensus.

Shares of Molina Healthcare rose 28% in 2013 versus the S6HLTH which was up 56%. Molina closed at $34.75 on Tuesday and shares have traded as high as $36.58, up approximately 5.266%.

Latest Ratings for MOH

DateFirmActionFromTo
Jul 2017Bank of AmericaMaintainsUnderperform
Jun 2017Morgan StanleyInitiates Coverage OnUnderweight
May 2017Stifel NicolausDowngradesHoldSell

View More Analyst Ratings for MOH
View the Latest Analyst Ratings

Posted-In: Sarah James WedbushAnalyst Color News Analyst Ratings

 

Related Articles (MOH)

View Comments and Join the Discussion!