Moody’s Corporation (MCO) has been projected to present at the
J.P. Morgan Ultimate Services Conference in November 2024, signaling potential prospects for investors, particularly with Wall Street's positive projections for the company’s key metrics. Notably,
MCO's Profit forecast for the full year has been raised above estimates due to strong product demand and robust demand for analytics services. Its Q3 earnings have surpassed estimates and progress in bond issuance volumes. Interestingly, the corporation has announced a strategic partnership with
MSCI to enhance transparency and deliver data-driven risk solutions, reflecting on the company's continued commitment to innovation. Investors in Moody's have seen solid returns of 122% over the past five years. Yet, financial giants Kornitzer Capital Management Inc. KS, AEGON ASSET MANAGEMENT UK Plc, Fiera Capital Corp, Olstein Capital Management L.P have lowered their holdings in Moody's. Meanwhile, purchases have been made by QRG Capital Management Inc. and Congress Asset Management Co. Moody's has also posted an updated management presentation for investors, suggesting a commitment to transparency. The participation in Project Guardian to explore asset tokenization also raises anticipation.
Moody's Corporation MCO News Analytics from Wed, 14 Feb 2024 08:00:00 GMT to Sat, 09 Nov 2024 15:12:00 GMT -
Rating 7
- Innovation -2
- Information 8
- Rumor 1
