Molina Healthcare price target lowered to $340 from $362 at Wells Fargo

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https://www.tipranks.com/news/the-fly/molina-healthcare-price-target-lowered-to-340-from-362-at-wells-fargo

Wells Fargo lowered the firm’s price target on Molina Healthcare (MOH) to $340 from $362 and keeps an Equal Weight rating on the shares as the firm updates Managed Care estimates post-election. All estimates assume the expiration of enhanced exchange subsidies for 2026, Wells notes. The firm believes Medicare Advantage risk/reward improves with Republicans, although areas of concern still exist.

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