Barclays Maintains Equal-Weight on Moody's, Lowers Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik has maintained an Equal-Weight rating on Moody's (NYSE:MCO) and lowered the price target from $350 to $340.
October 26, 2023 | 11:53 am
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Barclays has maintained an Equal-Weight rating on Moody's and lowered the price target from $350 to $340.
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 maintaining the Equal-Weight rating indicates that the analyst believes the stock is fairly valued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100