Movement Alert|Moody's Rises 3.32% in Pre-Market Trading, Rothschild&Co Redburn Raises Price Target to $500

Market Focus06-18

On June 18, Moody's rose 3.32% in pre-market trading, trading at $459.0 per share, with turnover of $106,200.

On the news front, Rothschild&Co Redburn raised its price target on Moody's from $490 to $500, while maintaining a neutral rating. According to FactSet data, analysts have an average rating of overweight on Moody's with a mean price target of $537.43, suggesting significant upside from the current price level and reflecting broadly positive market sentiment toward the stock.

Moody's Corporation is a global integrated risk assessment firm operating through two segments — Moody's Analytics and Moody's Investors Service. The company provides data, analytical solutions, and insights that help decision-makers identify opportunities and manage business risks across corporate, financial institution, and governmental sectors worldwide.

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