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Equities research analysts at Leerink Swann boosted their price target on shares of Molina Healthcare (NYSE:MOH) from $40.00 to $45.00 in a research note issued on Monday. Leerink Swann’s price target would indicate a potential upside of 0.94% from the stock’s previous close.

Molina Healthcare (NYSE:MOH) opened at 44.58 on Monday. Molina Healthcare has a one year low of $31.10 and a one year high of $46.17. The stock’s 50-day moving average is $43.41 and its 200-day moving average is $38.06. The company has a market cap of $2.062 billion and a price-to-earnings ratio of 75.22.

Molina Healthcare (NYSE:MOH) last announced its earnings results on Thursday, May 1st. The company reported $0.10 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.11. The company had revenue of $2.07 billion for the quarter, compared to the consensus estimate of $2.06 billion. During the same quarter last year, the company posted $0.64 earnings per share. Molina Healthcare’s revenue was up 30.1% compared to the same quarter last year. On average, analysts predict that Molina Healthcare will post $2.02 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Sterne Agee initiated coverage on shares of Molina Healthcare in a research note on Friday. They set a “buy” rating and a $69.00 price target on the stock. Separately, analysts at Cantor Fitzgerald raised their price target on shares of Molina Healthcare from $35.00 to $40.00 in a research note on Thursday, May 15th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Molina Healthcare in a research note on Monday, May 5th. They now have a $41.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $45.62.

Molina Healthcare, Inc provides medicaid-related solutions. The Company operates in two segments: Health Plans and Molina Medicaid Solutions.

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