MSCI upgraded to Neutral from Sell at Redburn Atlantic

Redburn Atlantic upgraded MSCI to Neutral from Sell with a $485 price target. The firm remains of the view that MSCI is in a period of slower growth, but it sees “several levers at managements disposal” to offset near term earnings pressure while the stock’s valuation “now screens as fairer versus peers.” The analyst increased earnings estimates by 1% through 2027 to account for potential management action on cost and share repurchases.