Goldman Sachs Maintains Neutral on Moody's, Raises Price Target to $514
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Tong maintains a Neutral rating on Moody's (NYSE:MCO) but raises the price target from $460 to $514.
September 03, 2024 | 1:42 pm
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Goldman Sachs has maintained a Neutral rating on Moody's but increased the price target from $460 to $514, indicating a positive outlook on the stock's potential.
The increase in the price target from $460 to $514 by Goldman Sachs suggests a positive outlook for Moody's stock, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may interpret the higher price target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100