BMO Capital Maintains Outperform on Moody's, Lowers Price Target to $366
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Jeffrey Silber has maintained an 'Outperform' rating on Moody's (NYSE:MCO) but lowered the price target from $399 to $366.
October 26, 2023 | 3:36 pm
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NEUTRAL IMPACT
Moody's (NYSE:MCO) price target has been lowered from $399 to $366 by BMO Capital, though the 'Outperform' rating is maintained.
The news is directly about Moody's and is likely to impact investor sentiment. While the 'Outperform' rating is maintained, which is positive, the lowering of the price target might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100