UBS Maintains Neutral on Moodys, Raises Price Target to $510
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Alex Kramm maintains a Neutral rating on Moody's (NYSE:MCO) but raises the price target from $495 to $510.
October 23, 2024 | 3:35 pm
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UBS analyst Alex Kramm has maintained a Neutral rating on Moody's but increased the price target from $495 to $510, indicating a positive outlook on the stock's potential value.
The increase in the price target from $495 to $510 suggests that UBS sees potential for Moody's stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that UBS does not see a strong buy opportunity, balancing the positive price target adjustment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100