Molina Healthcare shares rise 1.63% intraday after Bernstein adjusted its price target.

Molina Healthcare, Inc. rose 1.63% in intraday trading, with Bernstein adjusting its price target on the company. Molina Healthcare specializes in providing healthcare services within the Medicaid and Medicare programs, as well as through the health insurance marketplace. The company's revenues are primarily derived from services for low-income individuals, families, and people with disabilities under the Medicaid program, and services for the elderly and people with certain diseases under the Medicare program.