Morgan Stanley Maintains Equal-Weight on Moody's, Lowers Price Target to $332
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Toni Kaplan has maintained an Equal-Weight rating on Moody's (NYSE:MCO) and lowered the price target from $345 to $332.
October 03, 2023 | 3:19 pm
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Morgan Stanley has maintained an Equal-Weight rating on Moody's and lowered the price target from $345 to $332.
The news is directly about Moody's and is likely to impact investor sentiment. The lowering of the price target may suggest that the analyst sees less upside potential for the stock, but the maintenance of the Equal-Weight rating indicates that the analyst does not see the stock as under or overvalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100