| 2019-01-14 07:48:24|
MOH 07:48 01/14 01/14/19
Molina Healthcare initiated with an Equal Weight at Stephens
Stephens analyst Scott Fidel initiated coverage of 11 Managed Care and Healthcare Facilities stocks, telling investors that overall he is constructive on managed care and selective on hospitals. He started Molina Healthcare with an Equal Weight rating and $144 price target, stating that while he sees a number of revenue and margin improvement opportunities, the 3.2% net margin Molina is expected to achieve in 2018 has historically been a difficult level of profitability to sustain for MCOs in highly-subsidized government-sponsored business lines.