Molina Healthcare price target lowered to $165 from $231 at Wells Fargo

Wells Fargo lowered the firm’s price target on Molina Healthcare (MOH) to $165 from $231 and keeps an Overweight rating on the shares following disappointing Q3 results. While Medicaid remains uncertain in 2026 / 2027, the firm thinks annualized returns as margins begin to recover are fairly interesting at these levels.