Moody's Corporation is a prominent provider of credit ratings, research, and risk analysis services that assist businesses, investors, and governments in making informed financial decisions
The company's primary offerings include the assessment of creditworthiness through their rating services, which evaluate the financial health of various entities, including corporations, municipalities, and countries. In addition to ratings, Moody's provides a wide range of analytical tools and insights that support risk management and investment strategies, helping clients navigate the complex landscape of global finance. By delivering timely and reliable information, Moody's plays a critical role in enhancing transparency and promoting the stability of financial markets.
According to TheFly, BMO Capital raised the firm's price target on Moody's to $531 from $481 while keeping a ‘Market Perform’ rating on the shares. At the same time, UBS raised the firm's price target on the stock to $540 from $510.
The company reported adjusted earnings per share (EPS) of $2.62 compared to a Street estimate of $2.58. Revenue rose 13% year-over-year (YoY) to $1.67 billion but fell short of an analyst estimate of $1.71 billion, according to FinChat data.
Wall Street climbed on Thursday, even as the Producer Price Index (PPI) sharply exceeded estimates in January, reigniting concerns over persistent inflationary pressures.
Moody's Corp (MCO) stock gained after reporting Q4 results. Adjusted EPS beat expectations at $2.61, but sales missed at $1.67B. 2025 outlook positive.
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