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A Quick Look at Today's Ratings for Moody's(MCO.US), With a Forecast Between $512 to $570

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $Moody's (MCO.US)$, with price targets ranging from $512 to $570.

Barclays analyst Manav Patnaik maintains with a buy rating, and maintains the target price at $570.

Evercore analyst David Motemaden maintains with a buy rating, and maintains the target price at $521.

Baird analyst Jeffrey Meuler maintains with a buy rating, and adjusts the target price from $490 to $512.

Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $536 to $543.

Furthermore, according to the comprehensive report, the opinions of $Moody's (MCO.US)$'s main analysts recently are as follows:

  • The firm observed that Moody's delivered an impressive Q3 adjusted EPS, surpassing both their own estimate and the consensus. The company's robust MIS performance prompted an upward revision in their full-year revenue and EPS guidance. Despite this, the firm acknowledges that the strong performance in the first three quarters sets a high bar for Q4 and the following year. However, they speculate that with a potential decline in rates next year, there may be an ongoing trend of maturities being brought forward.

  • The firm holds a view that the risk/reward for Moody's leans towards the positive, citing structural risks as minimal. However, the company is positioned lower in their prioritization of high-quality businesses that have received an Outperform rating.

Here are the latest investment ratings and price targets for $Moody's (MCO.US)$ from 4 analysts:

StockTodayLatestRating_nn_205368_20241024_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

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