Molina gains after quarterly earnings beat
BUZZ-Molina gains after quarterly earnings beat ** Shares of health insurer Molina Healthcare MOH.N rise 4% to $223.5
** Co reports Q3 adj EPS of $0.89, above analysts' estimates of $0.79, according to LSEG-compiled data
** MOH reaffirms FY26 adjusted EPS guidance of at least $5.25 and premium revenue outlook of about $42 bln
** Q3 revenue of $11.08 bln tops analysts' expectations of $10.86 bln
** Brokerage Jefferies says Molina's third-quarter results were "more on the side of pressure than progress," citing continued Medicaid cost pressures and questions around 2027 margin recovery
** Stock has remained above its 200-day moving average since October 1
** Four of 21 brokerages rate the stock "buy" or higher, 16 recommend "hold" and one "sell"; the median price target is $209 - LSEG-compiled data
** Including session's moves, stock has risen about 29% YTD
(Reporting by Darshan Kumar in Bengaluru)
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