Moody's shares are trading lower after Raymond James downgraded the stock from Market Perform to Underperform.
Portfolio Pulse from Benzinga Newsdesk
Moody's shares declined following a downgrade by Raymond James from Market Perform to Underperform.
September 23, 2024 | 4:21 pm
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Moody's shares are experiencing a decline due to a downgrade by Raymond James from Market Perform to Underperform.
The downgrade by Raymond James is a significant negative signal for investors, likely leading to a decrease in demand for Moody's shares, thus impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100