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Fly News Breaks for July 15, 2015
MOH, HNT, CNC
Jul 15, 2015 | 07:23 EDT
Jefferies upgraded Centene (CNC) to Buy with an $88 price target saying the 10% pullback in shares since the announced acquisition Health Net (HNT) presents a buying opportunity. The deal gives Centene "significant strategic benefits," Jefferies tells investors in a research note. It thinks shares go to $110 in three years. Despite the upgrade, Jefferies says it prefers Molina Healthcare (MOH) in the Managed Care space.
News For CNC;HNT;MOH From the Last 2 Days
MOH
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MOH
Mar 28, 2024 | 15:22 EDT
What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of March 25-28. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here
MOH
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
MOH
Mar 28, 2024 | 06:51 EDT
BofA downgraded Molina Healthcare (MOH) to Underperform from Neutral with a $439 price target. The firm, which is concerned that Molina and the Medicaid industry more broadly are likely to face rate pressure after a period of elevated margins, sees a less attractive risk/reward for Molina compared to other insurers the firm covers, the analyst tells investors. Molina is now trading roughly at parity with the firm's top pick in the space, UnitedHealth (UNH), compared to a 22% discount that had been seen over the last five years, helping to underscore the firm's view that "sentiment for Medicaid is nearing a top just at a time when Medicare is reaching a bottom," the analyst added.