MSCI Inc. continues to
outperform the market, driving stock price rises despite experiencing some underperformance. Driven by a healthy Q2 2024
earnings report, analysts have lifted their price targets.
Canada Pension Plan Investment Board and
CreativeOne Wealth LLC have bought shares while the portfolio has expanded with additions from
MicroStrategy and Indian companies. However, despite strong Q2 results, Goldman Sachs maintains a neutral stance on MSCI.
Recurring subscriptions have seen a year-on-year rise and the company's stock has shown strength against competitors. With crowding scores impacting the fragility of US stocks, MSCI successfully beat Q2 earnings and revenue estimates. Despite China's market rout, MSCI has managed to cut several companies from its China benchmark. The company's outperform rating has been reaffirmed at
Royal Bank of Canada while their price target has been raised to $600 at
Argus. The company has released positive earnings results beating estimates. The global sustainability and ESG Ratings remain a highlight in their performance. Due to their strong footprint, Spruce Point Capital is betting against MSCI.
Msci Stocks MSCI News Analytics from Tue, 03 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 16:43:04 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -3
