BMO Capital Downgrades Moody's to Market Perform, Lowers Price Target to $455
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has downgraded Moody's (NYSE:MCO) from Outperform to Market Perform and lowered the price target from $482 to $455.
July 24, 2024 | 10:11 am
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NEGATIVE IMPACT
BMO Capital has downgraded Moody's from Outperform to Market Perform and reduced the price target from $482 to $455.
The downgrade from Outperform to Market Perform and the reduction in the price target from $482 to $455 by BMO Capital is likely to negatively impact Moody's stock price in the short term as it reflects a less optimistic outlook from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100