MSCI, Moody's, S&P Get Bull Ratings at Evercore, FactSet at In Line, MSCI Top Pick
Evercore Maintains Moody's(MCO.US) With Buy Rating, Maintains Target Price $521
Today's Analyst Rating | Barclays Cuts Its Price Target Cut on Chevron to $168, T-Mobile US Price Target Raised to $221 by Raymond James
Moody's Initiated at Outperform by Evercore ISI Group
Moody's said it will consider upgrading Banca Ifis's rating if it successfully acquires Commerzbank.
Moody's stated that if UniCredit, an Italian bank, successfully acquires Commerzbank, a German commercial bank, it will consider upgrading its credit rating by one notch, above Italy's sovereign rating. This depends on a series of factors, including the ability to control execution and operational risks. UniCredit already holds nearly 21% of Commerzbank's shares, and has indicated its intention to fully acquire the bank, subject to regulatory approvals. This move has angered the German government, while Commerzbank has stated that its global strategy is based on independence. If this acquisition is successful, it will be the first large cross-border bank trade in Europe since the global financial crisis. Moody's indicated that
Evercore Initiates Moody's(MCO.US) With Buy Rating, Announces Target Price $521
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