MSCI price target lowered to $675 from $700 at Barclays

Barclays lowered the firm’s price target on MSCI (MSCI) to $675 from $700 and keeps an Overweight rating on the shares. The company’s guidance and results “were uninspiring,” but normalizing cancellations, a more constructive spending environment, and pickup in pipelines should help results through 2025, the analyst tells investors in a research note.