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Moody's (MCO) Stock Adjusted by UBS Despite Strong Q1 Performance
Moody's (MCO) Stock Adjusted by UBS Despite Strong Q1 Performance

Yahoo

time4 days ago

  • Business
  • Yahoo

Moody's (MCO) Stock Adjusted by UBS Despite Strong Q1 Performance

Moody's Corporation (NYSE:MCO) ranks among the . Alex Kramm, a UBS analyst, maintained a Neutral rating on Moody's Corporation (NYSE:MCO) while reducing the stock's price target from $515 to $445 on July 8. Strong debt issuance, recent equity market growth, and positive foreign currency movements were the main factors that caused UBS to adjust its predictions. The firm contends that even though the group underperformed the market overall over the past three months, many stocks continue to possess high valuations. Amidst a surge in bond issuance and a strong momentum in its analytics section, Moody's Corporation (NYSE:MCO) reported solid financial results for the first quarter of fiscal 2025, surpassing earnings projections. However, given the current volatility in the market, the company reduced its guidance for the full year. Moody's Corporation (NYSE:MCO) is an integrated risk assessment company that provides credit research, credit models, analytics, and economic data as part of its risk management services. While we acknowledge the potential of MCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.

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