Molina Healthcare Reaches Analyst Target Price
January 12, 2017 at 09:05 AM EST
In recent trading, shares of Molina Healthcare Inc (MOH) have crossed above the average analyst 12-month target price of $58.14, changing hands for $58.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..