Evercore ISI initiated coverage of Moody’s with an Outperform rating and $521 price target Moody’s has been a “solid stock” over the last year as debt issuance recovered in the second half of 2023 into 2024, the analyst tells investors in a research note. The firm sees more share outperformance ahead as it is 7% above consensus for earnings and sees upside to credit ratings issuance in 2025 and 2026.
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