Wells Fargo Maintains Overweight on Moodys, Raises Price Target to $550
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jason Haas has maintained an Overweight rating on Moody's (NYSE:MCO) and increased the price target from $510 to $550.
October 09, 2024 | 3:39 pm
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Wells Fargo has reaffirmed its Overweight rating on Moody's and increased the price target to $550, indicating confidence in the company's future performance.
The increase in price target from $510 to $550 by Wells Fargo suggests a positive outlook on Moody's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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