TD Cowen Maintains Buy on Molina Healthcare, Lowers Price Target to $412
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Gary Taylor maintains a Buy rating on Molina Healthcare (NYSE:MOH) but lowers the price target from $453 to $412.

April 30, 2024 | 3:14 pm
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NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Molina Healthcare but reduces the price target from $453 to $412.
The adjustment in price target by a reputable analyst like Gary Taylor could lead to mixed reactions in the market. While the maintenance of a Buy rating indicates continued confidence in the company's fundamentals, the reduction in the price target might raise concerns about valuation or potential headwinds. However, given the analyst's continued endorsement, the overall impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100