Baird Maintains Outperform on Moody's, Raises Price Target to $414
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Jeffrey Meuler has maintained an Outperform rating on Moody's (NYSE:MCO) and increased the price target from $405 to $414.
May 03, 2024 | 11:42 am
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Baird analyst Jeffrey Meuler reaffirmed an Outperform rating on Moody's and raised the price target to $414 from $405.
The increase in price target by Baird reflects a positive outlook on Moody's, suggesting confidence in the company's future performance. This analyst endorsement is likely to influence investor sentiment positively in the short term, potentially leading to an increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100