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Fly News Breaks for February 18, 2020
MCO
Feb 18, 2020 | 07:51 EDT
Argus analyst John Eade raised his price target on Moody's to $325 and kept his Buy rating after its Q4 earnings beat and guidance calling for another year of double-digit EPS growth. The analyst notes that the company's revenue performance has picked up with credit-issuance conditions having improved. Eade adds that Moody's shares offer value, trading well below the target implied by his dividend discount model.
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