Molina Healthcare initiated with a Market Perform at Cowen. Cowen analyst Charles Rhyee initiated Molina Healthcare with a Market Perform rating and $145 price target, citing his view of the “meaningful” binary risk he sees in the near-term from the Texas RFPs. Rhyee sees greater downside risk than upside potential as he believes Molina shares largely reflect the company maintaining its current share, he tells investors.
https://thefly.com/landingPageNews.php?id=2872193
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