Alert: Major Price Advance (7/25/24)-Molina Healthcare Inc. (NYSE: MOH).

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Molina Healthcare Inc. (NYSE: MOH) stock enjoyed a major increase of 12.3% on 7/25/24. The shares closed at $324.17. Moreover, exceptionally high trading volume at 451% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 8.7% during the last week.

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Current PriceTarget Research Rating

MOH is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Molina Healthcare has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Molina Healthcare has a neutral Appreciation Score of 56 and a slightly negative Power Rating of 35, with the Low Neutral Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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