Moody's Corporation (MCO) has reportedly been experiencing a surge in revenue in recent times and continues to maintain a powerful presence in
Warren Buffett's investment portfolio. The company's stock has demonstrated a strong performance, achieving an all-time high of $495.4. Furthermore, it is mentioned that the short interest in
Moody's has dropped by around 20.8%. In strategic moves,
Moody's has entered into a significant partnership with
MSCI to uplift transparency and present data-driven risk solutions. It is noteworthy that its Q3 results have crawled past previous estimates on solid bond issuance volume and the full-year profit forecast has been raised above estimates due to strong product demand.
Moody's also continues to display its commitment to innovation by acquiring the AI-powered loan platform Numerated and adding casualty and liability modelling capabilities through the acquisition of Praedicat. Nonetheless, despite the promising data, some believe the business to currently be quite expensive.
Moody's Corporation MCO News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sat, 30 Nov 2024 23:12:00 GMT -
Rating 6
- Innovation 3
- Rumor -3
