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MOH

Molina Healthcare

$133.30

0.19 (0.14%)

07:48
01/14/19
01/14
07:48
01/14/19
07:48

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.

MOH Molina Healthcare
$133.30

0.19 (0.14%)

01/08/19
JPMS
01/08/19
UPGRADE
JPMS
Overweight
Molina Healthcare upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Gary Taylor upgraded Molina Healthcare to Overweight.
01/08/19
JPMS
01/08/19
UPGRADE
Target $150
JPMS
Overweight
Molina 'wows' at conference, JPMorgan says in upgrade to Overweight
JPMorgan analyst Gary Taylor upgraded Molina Healthcare to Overweight from Neutral and raised his price target for the shares to $150 from $127. The analyst says that for the second year in a row, he is upgrading Molina following CEO Joe Zubretsky's "bullish" presentation at his firm's conference. Last year Zubretsky laid out the earnings turnaround case, this year he laid out the case for sustainability of earnings power and further upside, Taylor tells investors in a research note. In a research note partially titled "MOH Wows at JPM Again," Taylor lays out a path for Molina shares to get to $150.
01/08/19
MUFG
01/08/19
UPGRADE
Target $142
MUFG
Overweight
Molina Healthcare upgraded to Overweight from Neutral at MUFG
MUFG analyst Jason Twizell upgraded Molina Healthcare to Overweight from Neutral and raised his price target to $142 from $135, citing his view of management's "strong" operational execution, the company's opportunity to further expand Medicaid margins, and an attractive risk/reward profile. In a research note to investors, Twizell notes that CEO Joe Zubretsky at an investor conference on Monday communicated a higher degree of confidence in the opportunity around medical, pharmacy, and administrative savings over the next several years, raising the cumulative pretax margin improvement opportunity by $200M to a revised range of $700M-$800M. The analyst believes Molina has the right team in place to generate sustainable Medicaid pretax margins that are in-line with its peers.
01/08/19
01/08/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Voya Financial (VOYA) upgraded to Buy from Neutral at Goldman Sachs analyst Alex Scott saying the company is well positioned to manage through the pullback in equity markets and still hit its targets of 10%-plus earnings growth. 2. Cheesecake Factory (CAKE) upgraded to Outperform from Market Perform at Raymond James with analyst Brian Vaccaro citing better than expected industry sales. 3. Union Pacific (UNP) upgraded to Outperform from Market Perform at Cowen, to Outperform from Sector Perform at RBC Capital and Scotiabank, and to Buy from Neutral at Seaport Global. 4. Monster Beverage (MNST) upgraded to Buy from Hold at SunTrust with analyst William Chappell saying after the recent declines in input costs and the "successful U.S. pricing actions," consensus expectations for the stock are too low, while the concerns over its partnership with Coca-Cola (KO) and challenges around growth in China are "overblown." 5. Molina Healthcare (MOH) upgraded to Overweight from Neutral at both JPMorgan and MUFG. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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