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Fly News Breaks for January 31, 2020
MSCI
Jan 31, 2020 | 06:51 EDT
Cantor Fitzgerald analyst Joseph Foresi raised his price target for MSCI to $324 from $262 and maintains an Overweight rating on the shares after the company reported quarterly revenue results above Street expectations. The analyst continues to view the index business as a "key catalyst that should produce solid top-line results", and he expects social investing to serve as a second derivative catalyst.
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