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Morgan Stanley upgraded Molina Healthcare (NYSE:MOH) from Underweight to Overweight in a report released today.

Yesterday Molina Healthcare (NYSE:MOH) traded 5.27% higher at $56.78. The company’s 50-day moving average is $66.49 and its 200-day moving average is $58.95. The last closing price is down 1.39% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 470,038 shares of the stock traded hands, down from an average trading volume of 1,045,690

Morgan Stanley has upgraded Molina Healthcare (NYSE:MOH) from Underweight to Overweight in a report released on 8/17/2017.

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Molina Healthcare (NYSE:MOH)

Molina Healthcare has a 52 week low of $42.56 and a 52 week high of $72.79 The company’s market cap is currently $0.

In addition to Morgan Stanley reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is $59.08 with 4 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 8 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Molina Healthcare (NYSE:MOH)

Molina Healthcare, Inc. offers Medicaid-related solutions for low-income families and individuals, and assists government agencies in their administration of the Medicaid program. The Company operates through three segments: Health Plans, Molina Medicaid Solutions and Other, which includes its Pathways Health and Community Support LLC (Pathways) business. It arranges healthcare services for persons served by Medicaid, Medicare, the Children's Health Insurance Program (CHIP) and the Marketplace, and products to assist government agencies in their administration of the Medicaid program. As of December 31, 2016, the Company's Health Plans segment consisted of health plans in 12 states and the Commonwealth of Puerto Rico, and its direct delivery business. The Molina Medicaid Solutions segment provides support to state government agencies in the administration of their Medicaid programs, including business processing, information technology development, and administrative services.

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