JPMorgan analyst Kenneth Worthington raised the firm’s price target on Moelis (MC) to $79 from $78 and keeps a Neutral rating on the shares. The company’s Q3 sales missed estimates but management offered a positive outlook, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MC:
- Moelis Hold Rating: Concerns Over Core Revenue and Leadership Changes Amid Competitive Pressures
- Moelis price target lowered to $78 from $80 at Keefe Bruyette
- Moelis & Company Reports Strong Revenue Growth in 2025
- Moelis Reports Strong Q3 2025 Financial Performance
- Moelis reports Q3 adjusted EPS 68c, consensus 60c