Investment activities surrounding Moody's Corporation (NYSE:MCO) have recently surged, with several entities significantly increasing their holdings. For instance, Blue Zone Wealth Advisors, Rhumbline Advisers, and 111 Capital bought numerous shares. Wells Fargo has enforced its Buy rating for MCO, with an elevated price target of $572. Additionally, Oppenheimer went further, upgrading the price target for MCO stock. Notably, the financial firm has reported its earnings, with a date scheduled for an upcoming investor teleconference. Both Charles Akre and Warren Buffet see a remarkable potential upside to MCO, signaling high investor confidence in the firm.
Similarly, Moody's Q1 2025 performance was strong, beating EPS forecasts leading to an increase in stock prices. Furthermore, despite a previous downgrade by Moody's of U.S. credit rating due to high-debt, the firm forecasts their annual profit to surpass estimates, revealing a robust market demand. Resonating with this, RBC Capital has reiterated its Outperform rating on the company. The firm, however, has somewhat lowered its 2025 view due to uncertainty.
Moody's Corporation MCO News Analytics from Tue, 23 Jul 2024 07:00:00 GMT to Sat, 07 Jun 2025 11:50:30 GMT - Rating 8 - Innovation 2 - Information 7 - Rumor 7
