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Fly News Breaks for July 25, 2016
MCO
Jul 25, 2016 | 07:15 EDT
UBS believes Moody's guidance following Q2 earnings is conservative, as they believe the company is poised to accelerate in the second half of the year. The company acknowledged the EU referendum has created uncertainty, but there are also indications that issuance could return to healthy levels in the second half. UBS reiterated its Buy rating and raised its price target to $116 from $108 on Moody's shares.
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