Wells Fargo initiated coverage on Moody's with a new price target
$MCO
Finance: Consumer Services
Finance
Wells Fargo initiated coverage of Moody's with a rating of Equal Weight and set a new price target of $312.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/2/2024 | $521.00 | Outperform | Evercore ISI |
| 9/23/2024 | Mkt Perform → Underperform | Raymond James | |
| 8/13/2024 | $510.00 | Overweight | Wells Fargo |
| 7/24/2024 | $482.00 → $455.00 | Outperform → Market Perform | BMO Capital Markets |
| 4/2/2024 | $375.00 → $450.00 | Equal Weight → Overweight | Barclays |
| 12/15/2023 | $365.00 → $455.00 | Equal Weight → Overweight | Wells Fargo |
| 9/14/2023 | $390.00 | Outperform | Wolfe Research |
| 7/3/2023 | $328.00 → $362.00 | Neutral | Goldman |
Moody's Corporation (NYSE:MCO) announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The transaction further expands Moody's Lending Suite capabilities across the credit lifecycle, providing banking customers with a powerful end-to-end loan origination and monitoring solution. The acquisition builds on a partnership announced in January 2024 that integrated Numerated's front office, decisioning, and loan operation technologies with Moody's credit assessment, underwriting, and monitoring expertise. Numerated will be integrated into Moody's Lending Suite, creating a full loan origination workflow. "As our ba
Moody's Corporation (NYSE:MCO) announced today that it has acquired Praedicat, a leading provider of casualty insurance analytics. The acquisition adds comprehensive casualty and liability modeling to Moody's range of market leading solutions for the insurance industry, further enhancing its overall risk assessment strategy. Praedicat's models and predictive analytics help insurers and reinsurers navigate risks associated with catastrophic events, including product and environmental liabilities. Moody's will integrate Praedicat's capabilities into its existing suite of insurance solutions, providing casualty insurance industry customers with a holistic approach to understanding their risk
Moody's Corporation (NYSE:MCO) announced today that it has fully acquired Global Credit Rating Company Limited (GCR), a leading domestic credit rating agency with operations spanning Africa. The announcement follows Moody's 2022 acquisition of a majority stake in GCR, and expands Moody's investment in Africa's domestic credit markets. "GCR provides investors with crucial insights and clarity into Africa's fast-growing domestic credit markets, which play an important role in economic development throughout the continent," said Rob Fauber, President and Chief Executive Officer of Moody's. "Moody's is excited to deepen our domestic ratings presence in Africa through a trusted name in GCR."
Moody's Corporation (NYSE:MCO) announced today that it has acquired Numerated Growth Technologies (Numerated), a loan origination platform for financial institutions. The transaction further expands Moody's Lending Suite capabilities across the credit lifecycle, providing banking customers with a powerful end-to-end loan origination and monitoring solution. The acquisition builds on a partnership announced in January 2024 that integrated Numerated's front office, decisioning, and loan operation technologies with Moody's credit assessment, underwriting, and monitoring expertise. Numerated will be integrated into Moody's Lending Suite, creating a full loan origination workflow. "As our ba
New Financial Framework Reimagines Water's Role in the Circular Economy Infinity Water Solutions (Infinity) today announced the publication of its inaugural ‘Blue Circular Economy Financing Framework', marking a significant milestone as the first U.S. company to launch a blue financing model dedicated to environmental impact, sustainability and the preservation of water. Independently assessed by Moody's (NYSE:MCO), the Framework positions Infinity as an industry pioneer, bridging the gap between climate resilience and energy security. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107727424/en/Infinity Water Solutions Sets a
Moody's Corporation (NYSE:MCO) announced today that Noémie Heuland, Chief Financial Officer, will speak at the J.P. Morgan Ultimate Services Conference on Thursday, November 14, 2024. The presentation will begin at approximately 1:50 p.m. Eastern Time and the audio will be webcast live. The audio webcast will be accessible at Moody's Investor Relations website, ir.moodys.com. This event is conducted in compliance with Regulation FD. Senior management may use this content during subsequent meetings with analysts and investors. ABOUT MOODY'S In a world shaped by increasingly interconnected risks, Moody's (NYSE:MCO) data, insights, and innovative technologies help customers develop a holist
Barclays analyst Manav Patnaik maintains Moody's (NYSE:MCO) with a Overweight and raises the price target from $450 to $500.
RBC Capital analyst Ashish Sabadra maintains Moody's (NYSE:MCO) with a Outperform and raises the price target from $450 to $475.
UBS analyst Alex Kramm maintains Moody's (NYSE:MCO) with a Neutral and raises the price target from $455 to $470.
Evercore ISI initiated coverage of Moody's with a rating of Outperform and set a new price target of $521.00
Raymond James downgraded Moody's from Mkt Perform to Underperform
Wells Fargo initiated coverage of Moody's with a rating of Overweight and set a new price target of $510.00
SC 13G/A - MOODYS CORP /DE/ (0001059556) (Subject)
SC 13G/A - MOODYS CORP /DE/ (0001059556) (Subject)
SC 13G/A - MOODYS CORP /DE/ (0001059556) (Subject)
10-Q - MOODYS CORP /DE/ (0001059556) (Filer)
8-K - MOODYS CORP /DE/ (0001059556) (Filer)
8-K - MOODYS CORP /DE/ (0001059556) (Filer)
Dashboard combines Moody's vast and proprietary data estate with Diligent's best-in-class reporting to deliver a comprehensive view of risk exposure to leadership and the board Diligent, a leading GRC SaaS company, today announced a first-of-its-kind Enterprise Risk Management (ERM) dashboard powered by industry-leading market data from Moody's (NYSE:MCO), the leading source of relevant insights on exponential risk. The dashboard will help Chief Risk Officers, Chief Financial Officers, general counsel and other risk professionals monitor critical risk factors, aggregate findings and present a clear and comprehensive report to the board to drive informed decisions and long-term success for
Moody's Corporation, the world's leading source of bold, clear and perceptive insights on exponential risk, announced today that it has been named an Official Cornerstone Partner of MetLife Stadium, home of the New York Jets and New York Giants. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423976836/en/(Graphic: Business Wire) As part of the multi-year partnership, Moody's branding will be a mainstay at MetLife Stadium events, extending throughout the stadium with in-bowl signage and digital displays. Guests will first be greeted at the Moody's Gate (pictured above) and then pass through an activation area on the plaza. Moo
Moody's Corporation (NYSE:MCO) today announced the creation of a new analytical franchise within Moody's Investors Service (MIS), the rating agency, that will focus on delivering strategic insights into the rapidly expanding private credit sector. Ana Arsov has been named Global Head of Private Credit, and will lead coordination of relevant research and rating initiatives across MIS. Ms. Arsov will also co-head the global Financial Institutions Group (FIG) along with Simon Harris. The organizational updates reflect the growing importance of private credit in capital markets and investor demand for Moody's research and ratings adjacent to the sector. The analytical franchise will provide t
4 - MOODYS CORP /DE/ (0001059556) (Issuer)
4 - MOODYS CORP /DE/ (0001059556) (Issuer)
4 - MOODYS CORP /DE/ (0001059556) (Issuer)