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Fly News Breaks for February 8, 2016
MCO
Feb 8, 2016 | 07:44 EDT
UBS lowered its price target on Moody's to $96 from $116. The firm cited lowered guidance but they continue to believe in the company's long term secular growth prospects. UBS sees a good amount of negativity already priced into the shares and so would be buyers on any weakness. UBS reiterated its Buy rating on Moody's shares.
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