Goldman Sachs Adjusts PT on Molina Healthcare to $124 From $167, Maintains Neutral Rating

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Goldman Sachs has lowered its price target for Molina Healthcare (MOH) to $124 from $167, while maintaining a Neutral rating on the stock. This adjustment follows similar actions by other institutions like Deutsche Bank, Barclays, UBS, Cantor Fitzgerald, Jefferies, and TD Cowen, which have also recently reduced their price targets for Molina Healthcare. The company provides managed healthcare services primarily within Medicaid and Medicare programs, and through the health insurance marketplace, serving approximately 5.5 million members.

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