Bank of America Reiterates Buy on Molina Healthcare Following Assumption of New Mexico Medicaid Contract
July 05, 2013 at 09:29 AM EDT
In a report published Friday, Bank of America analyst Kevin Fischbeck reiterated a Buy rating and $41.00 price target on Molina Healthcare (NYSE: MOH ). In the report, Bank of America noted, “On 7/3/13 MOH announced it had entered an agreement to assume Lovelace Community Health Plan's New Mexico Medicaid
