Wells Fargo analyst Jason Haas CFA maintains $Moody's (MCO.US)$ with a buy rating, and maintains the target price at $550.
According to TipRanks data, the analyst has a success rate of 64.4% and a total average return of 15.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Moody's (MCO.US)$'s main analysts recently are as follows:
The aggregate issuance for Q3 observed a 38% increase year-over-year. Consequently, there is an uptick in the Q3 ratings revenue growth forecast to 25%, as well as heightened expectations for 2024 revenue and adjusted EPS. It is anticipated that both Moody's and S&P Global will surpass street estimates, bolstered by robust issuance during the quarter and index performance at S&P.
The firm is enhancing its estimates for the company mainly due to the robust issuance activity, which is anticipated to continue into 2025.
Note:
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