Wells Fargo & Company Lowers Moody's (NYSE:MCO) Price Target to $572.00

Market Beat
2025.04.19 16:49
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Wells Fargo & Company has lowered its price target for Moody's (NYSE:MCO) from $610.00 to $572.00 while maintaining an "overweight" rating. This new target suggests a potential upside of 33.90% from the stock's previous close. Other brokerages have also adjusted their ratings, with varying target prices. Moody's stock recently traded at $427.17, showing a slight increase of 0.3%. The company reported strong earnings, exceeding estimates, and has a consensus rating of "Moderate Buy" with an average target price of $524.33.