Barclays Maintains Overweight on Moodys, Raises Price Target to $570
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik has maintained an Overweight rating on Moody's (NYSE:MCO) and raised the price target from $500 to $570.
September 13, 2024 | 4:21 pm
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Barclays has reaffirmed its Overweight rating on Moody's and increased the price target to $570, indicating a positive outlook on the stock.
The increase in the price target from $500 to $570 by Barclays suggests a strong positive outlook for Moody's. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100