RBC Capital Maintains Outperform on Moody's, Raises Price Target to $404
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ashish Sabadra has maintained an 'Outperform' rating on Moody's (NYSE:MCO) and raised the price target from $350 to $404.
July 26, 2023 | 2:11 pm
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POSITIVE IMPACT
RBC Capital's raised price target for Moody's suggests a positive outlook for the company's stock.
The raised price target by RBC Capital indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100