Moody's Corp: JP Morgan raises target price to $565, up from $495
JP Morgan has revised its target price for Moody's Corp (MCO), increasing it from $495 to $565. The new target reflects the analyst's positive outlook on the company's financial performance and market position.
The upgrade comes amidst a broader trend of analyst optimism for Moody's Corp. In the past six months, multiple analysts have set price targets for MCO, with a median target of $565. Aaron Hecht from JMP Securities recently set a target price of $565, while Ryan Gilbert from BTIG set it at $545 [1].
Insider trading activity has also been notable for Moody's Corp. In the last six months, insiders have traded MCO stock four times, with two purchases and two sales. Anthony Oxley, the CEO, made two purchases, buying 9,263 shares for an estimated $199,868. Elizabeth Parmer sold 4,817 shares for an estimated $99,119 [1].
Institutional investors have also shown interest in Moody's Corp. Over 78 institutional investors added shares to their portfolios in the most recent quarter, while 85 decreased their positions. Bridgeway Capital Management, LLC, for instance, removed 325,674 shares from its portfolio in Q1 2025, for an estimated $6,884,748. Millennium Management LLC added 164,753 shares to its portfolio in the same period, for an estimated $3,482,878 [1].
The overall market sentiment towards Moody's Corp remains positive, with the company's fundamentals and market position supporting the analyst's optimistic outlook. As the company continues to perform well, investors can expect to see further positive developments in the near future.
References:
[1] https://www.quiverquant.com/news/New+Analyst+Forecast%3A+%24FOR+Given+%2430.0+Price+Target
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