Moody

Moody’s (NYSE:MCO) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 02/14/2024 -6.42% Stifel $362 → $350 Maintains Hold 01/03/2024 14.97% BMO Capital $366 → $430 Maintains Outperform 12/15/2023 21.66% Wells Fargo $365 → $455 Upgrades Equal-Weight → Overweight 10/26/2023 -10.96% Stifel $344 → $333 Maintains Hold 10/26/2023 1.87% RBC Capital → $381 Reiterates Outperform → Outperform 10/26/2023 -2.14% BMO Capital $399 → $366 Maintains Outperform 10/26/2023 -14.97% Morgan Stanley $332 → $318 Maintains Equal-Weight 10/26/2023 -9.09% Barclays $350 → $340 Maintains Equal-Weight 10/18/2023 1.6% JP Morgan $390 → $380 Maintains Overweight 10/03/2023 -11.23% Morgan Stanley $345 → $332 Maintains Equal-Weight 09/18/2023 8.02% RBC Capital → $404 Reiterates Outperform → Outperform 09/14/2023 4.28% Wolfe Research → $390 Initiates Coverage On → Outperform 07/27/2023 6.68% BMO Capital $390 → $399 Maintains Outperform 07/26/2023 -7.75% Morgan Stanley $323 → $345 Maintains Equal-Weight 07/26/2023 8.02% RBC […]

RBC Capital analyst Ashish Sabadra reiterates Moody’s (NYSE:MCO) with a Outperform and maintains $450 price target.

Moody’s (NYSE:MCO) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/03/2024 14.31% BMO Capital $366 → $430 Maintains Outperform 12/15/2023 20.95% Wells Fargo $365 → $455 Upgrades Equal-Weight → Overweight 10/26/2023 -11.48% Stifel $344 → $333 Maintains Hold 10/26/2023 1.28% RBC Capital → $381 Reiterates Outperform → Outperform 10/26/2023 -2.71% BMO Capital $399 → $366 Maintains Outperform 10/26/2023 -15.47% Morgan Stanley $332 → $318 Maintains Equal-Weight 10/26/2023 -9.62% Barclays $350 → $340 Maintains Equal-Weight 10/18/2023 1.01% JP Morgan $390 → $380 Maintains Overweight 10/03/2023 -11.75% Morgan Stanley $345 → $332 Maintains Equal-Weight 09/18/2023 7.39% RBC Capital → $404 Reiterates Outperform → Outperform 09/14/2023 3.67% Wolfe Research → $390 Initiates Coverage On → Outperform 07/27/2023 6.06% BMO Capital $390 → $399 Maintains Outperform 07/26/2023 -8.29% Morgan Stanley $323 → $345 Maintains Equal-Weight 07/26/2023 7.39% RBC Capital $350 → $404 Maintains Outperform 07/26/2023 -2.97%

Moody’s (NYSE:MCO) Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/15/2023 16.18% Wells Fargo $365 → $455 Upgrades Equal-Weight → Overweight 10/26/2023 -14.97% Stifel $344 → $333 Maintains Hold 10/26/2023 -2.71% RBC Capital → $381 Reiterates Outperform → Outperform 10/26/2023 -6.54% BMO Capital $399 → $366 Maintains Outperform 10/26/2023 -18.8% Morgan Stanley $332 → $318 Maintains Equal-Weight 10/26/2023 -13.18% Barclays $350 → $340 Maintains Equal-Weight 10/18/2023 -2.97% JP Morgan $390 → $380 Maintains Overweight 10/03/2023 -15.22% Morgan Stanley $345 → $332 Maintains Equal-Weight 09/18/2023 3.16% RBC Capital → $404 Reiterates Outperform → Outperform 09/14/2023 -0.41% Wolfe Research → $390 Initiates Coverage On → Outperform 07/27/2023 1.88% BMO Capital $390 → $399 Maintains Outperform 07/26/2023 -11.9% Morgan Stanley $323 → $345 Maintains Equal-Weight 07/26/2023 3.16% RBC Capital $350 → $404 Maintains Outperform 07/26/2023 -6.8% Wells Fargo $346 → $365 Maintains Equal-Weight 07/13/2023 -11.65% Wells

Barclays analyst Manav Patnaik maintains Moody’s (NYSE:MCO) with a Equal-Weight and lowers the price target from $350 to $340.

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We decrease our 12-month target price by $40 to $400 on a forward P/E of 34.7x our 2024 earnings estimate, a premium to MCO’s three- and 10-year forward historical averages of 30.5x and 25.6x, respectively, given expectations for a strong rebound in debt issuance and margin expansion. We lower our 2023 EPS estimate by $0.12 to $10.15 and increase 2024’s by $0.11 to $11.53. MCO posted Q3 adjusted EPS of $2.43 versus $1.85, $0.15 higher than consensus on revenue that beat expectations by 1%. MCO’s analytics segment (MA) saw revenue growth accelerate to 13%, given strong traction in the KYC business. Encouragingly, the growth has not come at the cost of efficiency and the segment saw its adjusted operating margin surge 330 bps to 33.6%. The ratings