Next week
MOH
host their investor day on Thursday 30/5 and it comes on the back of good earnings. Sentiment has certainly changed on the stock as we can see from the Volume profile which is a mass of green and increasing slightly on volume, which is very encouraging. The stock is at a critical point stuck between resistance and lower trendline while also they ma's have clustered just above, if the market holds up on Tuesday a good effort bu the bulls and a major break could be set up.
AVERAGE ANALYSTS PRICE TARGET $154.47
AVERAGE RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
Molina Healthcare, Inc. engages in the provision of health care services. It operates through the Health Plans and Molina Medicaid Solutions segments. The Health Plans segment consists of health plans in 11 states and the Commonwealth of Puerto Rico and includes direct delivery business. The Molina Medicaid Solutions segment provides business processing and information technology development and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia and the U.S. Virgin Islands and drug rebate administration services in Florida
MOH
host their investor day on Thursday 30/5 and it comes on the back of good earnings. Sentiment has certainly changed on the stock as we can see from the Volume profile which is a mass of green and increasing slightly on volume, which is very encouraging. The stock is at a critical point stuck between resistance and lower trendline while also they ma's have clustered just above, if the market holds up on Tuesday a good effort bu the bulls and a major break could be set up. AVERAGE ANALYSTS PRICE TARGET $154.47
AVERAGE RECOMMENDATION OVERWEIGHT
COMPANY PROFILE
Molina Healthcare, Inc. engages in the provision of health care services. It operates through the Health Plans and Molina Medicaid Solutions segments. The Health Plans segment consists of health plans in 11 states and the Commonwealth of Puerto Rico and includes direct delivery business. The Molina Medicaid Solutions segment provides business processing and information technology development and administrative services to Medicaid agencies in Idaho, Louisiana, Maine, New Jersey, West Virginia and the U.S. Virgin Islands and drug rebate administration services in Florida