B of A Securities Downgrades Molina Healthcare to Underperform, Announces $439 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Kevin Fischbeck downgraded Molina Healthcare (NYSE:MOH) from Neutral to Underperform and set a price target of $439.

April 01, 2024 | 11:05 am
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Molina Healthcare was downgraded from Neutral to Underperform by B of A Securities, with a new price target of $439.
The downgrade from Neutral to Underperform suggests a negative outlook on the stock by the analyst. This could lead to a decrease in investor confidence and potentially lower the stock price in the short term. The setting of a price target provides a specific expectation for the stock's future performance, which in this case, might be perceived as a downward adjustment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100