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A Quick Look at Today's Ratings for Moody's(MCO.US), With a Forecast Between $512 to $570

Moomoo News ·  Oct 23 09:00  · Ratings

On Oct 23, major Wall Street analysts update their ratings for $Moody's (MCO.US)$, with price targets ranging from $512 to $570.

Barclays analyst Manav Patnaik maintains with a buy rating, and maintains the target price at $570.

Wells Fargo analyst Jason Haas CFA maintains with a buy rating, and maintains the target price at $550.

Evercore analyst David Motemaden maintains with a buy rating, and maintains the target price at $521.

Baird analyst Jeffrey Meuler maintains with a buy rating, and adjusts the target price from $490 to $512.

Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $536 to $543.

Furthermore, according to the comprehensive report, the opinions of $Moody's (MCO.US)$'s main analysts recently are as follows:

  • The analyst notes that Moody's delivered impressive Q3 adjusted earnings, surpassing both the expected and consensus estimates. Due to a robust performance in MIS, there was an upward revision in the full-year revenue and EPS forecasts. The outstanding results from the first three quarters set a high bar for Q4 and beyond into 2025. Nevertheless, with the anticipation of declining interest rates next year, there's a possibility for an advance in maturities initially expected in 2026 into 2025.

  • The assessment concludes that the risk/reward profile for Moody's is seen as leaning positive, with structural risks being minimal. However, it is noted that the company is positioned lower within the hierarchy of top-quality businesses that have received a similar optimistic outlook.

Here are the latest investment ratings and price targets for $Moody's (MCO.US)$ from 6 analysts:

StockTodayLatestRating_mm_205368_20241023_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

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