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Fly News Breaks for November 11, 2016
MOH
Nov 11, 2016 | 08:42 EDT
As previously reported, Credit Suisse downgraded Molina to Underperform from Neutral and lowered its price target to $47 from $63. Analyst Scott Fidel said Molina's Medicaid business and public exchanges face potential macro headiwnds under a Trump administration as he has proposed to push forward with Medicaid block grants. LifePoint has significantly benefited from the Affordable Care Act and sees significant uncertainty ahead following Trump's victory and the Republican sweep.
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