Everence Capital Management has reduced its holdings in Moody's Co. while reports suggest a $1.8 Billion revenue surge with strategic insights added to Warren Buffett’s portfolio. Moody’s and MSCI announced a strategic partnership to enhance transparency and provide data-driven solutions. However, Moody's Co. is currently considered overpriced in spite of reporting strong results for 3rd quarter 2024. It even raised its full-year profit forecast above estimates reflecting strong product demand. A spike in its stock price is expected as per an Oppenheimer analyst. Moody's also featured as the best long-term stock to buy according to Warren Buffet, posted an updated management presentation, and its CEO and CFO will present at major financial services conferences. On purchasing Praedicat, Moody's added casualty and liability modeling capabilities and also exceeded expectations with its Q3 2024 Earnings of $1.8 Billion revenue and EPS at $2.93. Investors witnessed stellar returns of 138% and 122% over the past five years, and significant leadership share offloading was observed with Robert Fauber and Stephen Tulenko selling company stocks. Moody’s also managed to top the ranking in ChartisRiskTech100 for the third consecutive year.
Moody's Corporation MCO News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sat, 04 Jan 2025 09:22:01 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -3
