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Molina Healthcare Pulls Back Off Best Levels But Remains Firmly Positive

Shares of Molina Healthcare (MOH) have pulled back off their best levels of the day but continue to see significant strength in afternoon trading on Friday. After reaching a record intraday high, Molina is currently up by 4.1 percent.

The early rally by Molina came after Jefferies upgraded its rating on the health insurer's stock to Buy from Hold, confidence in the management's turnaround plan.

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