RBC Capital Reiterates Outperform on Moody's, Maintains $450 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ashish Sabadra has reiterated an Outperform rating on Moody's (NYSE:MCO) and maintained a price target of $450.
February 14, 2024 | 6:58 pm
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RBC Capital maintains an Outperform rating on Moody's with a $450 price target.
The reiteration of an Outperform rating and a high price target by a reputable analyst like Ashish Sabadra from RBC Capital is likely to instill confidence among investors and could lead to a positive short term impact on Moody's stock price. The specific mention of a $450 price target suggests a bullish outlook on the stock, which could influence investor sentiment positively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100