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Fly News Breaks for April 29, 2016
MOH
Apr 29, 2016 | 06:28 EDT
UBS analyst A.J. Rice downgraded Molina Healthcare to Neutral saying the miss in Q1 is a "step back." The analyst believes the updated 2016 guidance is "not a kitchen sink" and he lowered his price target for the shares to $54 from $76.