JP Morgan Maintains Overweight on Moody's, Lowers Price Target to $380
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrew Steinerman maintains an Overweight rating on Moody's (NYSE:MCO) but lowers the price target from $390 to $380.

October 18, 2023 | 2:31 pm
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JP Morgan maintains an Overweight rating on Moody's but lowers the price target from $390 to $380. This could potentially impact the stock's performance.
The news of JP Morgan maintaining an Overweight rating on Moody's but lowering the price target could have mixed effects on the stock. While the Overweight rating indicates a positive outlook, the lowered price target might cause some investors to reassess their positions, potentially leading to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100