Wells Fargo Maintains Equal-Weight on Moody's, Raises Price Target to $365
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Seth Weber has maintained an Equal-Weight rating on Moody's (NYSE:MCO) and raised the price target from $346 to $365.
July 26, 2023 | 1:25 pm
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Wells Fargo has maintained an Equal-Weight rating on Moody's and raised the price target from $346 to $365, which could potentially lead to an increase in the stock's price.
The raised price target by Wells Fargo indicates a positive outlook for Moody's. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
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IMPORTANCE 80
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